Warren Buffett is preparing to further distribute his wealth by converting 1,600 shares of Berkshire Hathaway into 2.4 million shares for his family's foundations.
Buffett stated, "The children have now more than justified our hopes and, upon my death, will have full responsibility for gradually distributing all of my Berkshire holdings."
Buffett's commitment to philanthropy reflects his belief in using his fortune wisely: "the massive wealth I've collected may take longer to deploy than my children live."
His tradition of philanthropy is deeply rooted within family values, echoing his late wife Susan’s principles of charity, which inspired his own donations.
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