Warren Buffett announces $6 billion in donations to five foundations

Famous investor Warren Buffett is donating his company’s stock of $ 6 billion to five foundations, which has been given to him since 2006, when he received it when he received his value and about 60 billion dollars.

Mr. Buffett late on Friday (June 27, 2025) stated that the shares of Berkshire Hathaway would be distributed on Monday (June 30, 2025). Berkshire Hathaway has a series of Jio, Dairy Queen and other businesses, and Mr. Buffett is donating about 12.4 million of his stock class B shares. Those shares have a lower and easy-to-pune price tag than the company’s original class A shares, and each of the B shares was priced at $ 485.68 in its most recent close to Friday.

The biggest installment is going to the Bill and Melinda Gates Foundation Trust, which will get 9.4 million shares. Susan Thompson Buffett Foundation will receive 943,384 shares, and Sherwood Foundation, Howard G. Buffet Foundation and Novo Foundation each will receive 660,366 shares.

Mr. Buffett made waves a year ago when he said that after his death he planned to cut the donation to the Bill and Melinda Gates Foundation and allowed his three children to decide how to distribute the rest of his fate.

Berkshire Hathaway’s Class B Stock has climbed 19.1% in the last 12 months, including a return of 14.1% in the US stock market, including dividends. Mr. Buffett is famous for buying companies at good prices on Wall Street and prices look very high. The bargaining attitude of the bargaining has helped him a fate of about $ 145 billion, basically it is all in the stock of Berkshire Hathaway.

Mr. Buffett said in a statement, “Nothing has become extraordinary in Berkshire; a very long runway, simple and generally sound decisions, American tailwinds and compounding effects produced my current money.” “I wish that about 99½% of my property is in luck for philanthropic use.”