Warren Buffett changes inheritance plan: 4.4 trillion assets to be donated to children-run charity fund, not Gates Foundation posthumously

Reported about 1 year ago

Warren Buffett, the 93-year-old investment legend, announced that after his death he will cease donations to the Bill & Melinda Gates Foundation, choosing instead to donate the remaining assets to a new charity trust fund overseen by his daughter and two sons. This decision reflects a shift in his donation policy following the divorce of the Gates couple and the dissolution of their foundation in 2021. Buffett had previously pledged to donate 99% of his wealth to charitable organizations, with a significant portion going to the Gates Foundation, but now plans to channel the funds through his children's managed charity foundation.

Source: YAHOO

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