Warren Buffett Just Gave Another $4 Billion To CharityWarren Buffett, the legendary investor known as the
“Oracle of Omaha,” announced Tuesday that he has donated roughly $4 billion worth of his conglomerate Berkshire Hathaway’s stock to charitable foundations for his
17th annual summer gift.The recipients of the shares are the same five foundations he’s given to every year since 2006. The
Bill & Melinda Gates Foundation received roughly
$3.1 billion of Berkshire stock. The
Susan Thompson Buffett Foundation, founded by the Oracle’s late wife, received shares worth roughly
$300 million, while three other charitable organizations set up by his three children received stock worth roughly
$200 million each: the
Sherwood Foundation, the Howard G. Buffett Foundation and the NoVo Foundation.
Buffett's latest gift further solidifies his place as the likely biggest philanthropist of all time. Forbes estimated the Oracle had
given away $46.1 billion to charity, outpacing runners-up Bill and Melinda Gates.
