Warren Buffett has just donated billions in Berkshire Hathaway stock

Legendary investor Warren Buffett is the sixth richest person in the world. He is also its biggest benefactor.

This week, the “Oracle of Omaha” donated $4.6 billion in equity from Berkshire Hathaway, extending its long-standing tradition of summer giveaways.

Just how much does Buffett give to charity? Since 2006, he has donated $51.5 billion, making him the top of Forbes 2023 list of America’s Best Philanthropists.

Even after giving away tens of billions, Forbes says Buffett – who has an estimated net worth of more than $100 billion – is More than twice as rich as he was 17 years agoThanks to a 450% increase in Berkshire Hathaway shares.

“Nothing extraordinary happened in Berkshire; Buffett, 92, said in a statement press releasespeaking of his Omaha, Nebraska conglomerate which includes businesses spanning industry sectors from insurance to retail.

Buffett teamed up with Melinda French Gates and Bill Gates’ ex-wife to create the Giving Pledge and pledged to donate nearly all of his wealth to charity.

Who are the lucky recipients of Buffett’s latest largesse?

The Bill and Melinda Gates Foundation has acquired $3.5 billion worth of Berkshire Hathaway stock.
The Susan Thompson Buffett Foundation, which was founded by his late wife, has earned $350 million.
His three sons founded $250 million each.

Prunella Stephenson

“Web maven. Infuriatingly humble beer geek. Bacon fanatic. Typical creator. Music expert.”

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