Reported about 5 hours ago
Warren Buffett has announced a donation of over $1.1 billion in Berkshire Hathaway stock to his family's foundations as part of his ongoing philanthropic efforts. He also revealed plans for his children to distribute his $147.4 billion fortune after his death, indicating they have designated successors in light of their advancing ages. Despite his immense wealth, Buffett emphasizes his desire not to create dynastic wealth, advocating for a balanced approach in giving to his children. He continues to live modestly and has maintained a consistent giving strategy, notably favoring the Gates Foundation while signaling a shift toward his family's foundations after his passing.
Source: YAHOO