Warren Buffett has been donating a portion of his Berkshire Hathaway shares to charity since 2006. According to a press release Monday, the value of Buffett's gifts has totaled $34 billion.
New York Warren Buffett, the world's fourth wealthiest person, is donating shares of his Berkshire Hathaway conglomerate worth about $3.6 billion to five charities, including one run by Microsoft co-founder Bill Gates and his wife Melinda Gates.
Buffett has a net worth of more than $87 billion according to wealth indexes tracked by Forbes and Bloomberg. He is converting some of his A shares of Berkshire Hathaway into B shares of the company. Buffett is giving the shares to the Bill & Melinda Gates Foundation, Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation.
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