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Politics : Formerly About Advanced Micro Devices

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To: Jamie153 who wrote (1290939)1/29/2021 9:29:21 PM
From: J_F_Shepard  Read Replies (1) of 1575407
 
Yes, it's true.....

philanthropynewsdigest.org

Home News Warren Buffett to Give Bulk of Fortune to Gates Foundation


Warren Buffett to Give Bulk of Fortune to Gates Foundation

June 27, 2006





Warren Buffett, the second wealthiest man in the country, will donate the bulk of his $44 billion fortune to the foundation of the wealthiest, the Bill & Melinda Gates Foundation, and four other philanthropies starting in July, the New York Times reports.

Buffett, chairman of Berkshire Hathaway, Inc., plans to contribute 85 percent — about $37.4 billion — of his Berkshire stock to charity, with approximately $31 billion directed to the Gates Foundation, effectively doubling the asset base of the largest foundation in the United States. Buffett will divide the remaining $6 billion among four Buffett family foundations: the Susan Thompson Buffett Foundation, named after his late wife; the Howard G. Buffett Foundation, named after and run by one of his sons; the Susan A. Buffett Foundation, named after and run by his daughter; and the NoVo Foundation, which is headed by his son Peter.







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