Buffett Donates $6 Billion in Berkshire Shares to Charities [View all]
Source: Bloomberg
June 28, 2025 at 1:45 AM EDT
Warren Buffett will donate about $6 billion of Berkshire Hathaway Inc. shares to five foundations as part of a pledge he made nearly two decades ago.
About 9.43 million Class B shares will be given to the Bill & Melinda Gates Foundation Trust, according to a statement on Saturday. Another 2.92 million shares will be donated to his children’s foundations — Sherwood Foundation, the Howard G. Buffett Foundation and NoVo Foundation — as well as the Susan Thompson Buffett Foundation, named after the billionaire’s late wife.
The 94-year-old started the Giving Pledge in 2010 alongside friends Bill Gates and Melinda French Gates with the goal of donating Buffett’s fortune either in his lifetime or at his death. Four years earlier, he had started making massive donations to the Gates’s foundation, as well as foundations tied to his children.
“The mathematics of the lifetime commitments to the five foundations are interesting,” Buffett said. “The five foundations have received Berkshire B shares that had a value when received of about $60 billion, substantially more than my entire net worth in 2006.”
Read more: https://www.bloomberg.com/news/articles/2025-06-28/buffett-donates-6-billion-in-berkshire-shares-to-charities
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