Warren Buffett has donated $6 billion, marking the largest single distribution of his fortune since he initiated his philanthropic efforts in 2006. The majority of this donation, 9.43 million shares of Berkshire Class B, went to the Gates Foundation, while the remainder was allocated to family-run charities. Buffett, who is preparing to step down as CEO of Berkshire Hathaway, noted that future donations will transition to a new charitable trust managed by his children. He reflects on his life and philanthropy, acknowledging the inevitable passage of time.
Buffett donated 12.36 million Berkshire Class B shares worth $6 billion, primarily to the Gates Foundation, marking the largest distribution since his philanthropic efforts began.
Last month, Buffett announced he would step down as CEO of Berkshire Hathaway, indicating that his charitable donations will largely shift to a trust managed by his children.
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