Warren Buffett just gave an update on how his considerable fortune will be spent following his death.
Warren Buffett just changed how his considerable fortune will be spent following his death. Buffett, 93, the chairman of Berkshire Hathaway, told the Wall Street Journal he has again re-worked his will — and that he does not plan to continue donations to the Bill & Melinda Gates Foundation after he dies. He will put his wealth in a new charitable trust overseen by his three children, he said. “The Gates Foundation has no money coming after my death,” Buffett told the Journal.
Previously, Buffett had said his will stated that more than 99% of his estate was earmarked for philanthropic usage to the Bill & Melinda Gates Foundation and the four charities connected to his family: the Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation. For now, however, Buffett is seemingly planning to continue donations to the Gates Foundation in his lifetime.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Warren Buffett donates to Gates Foundation, plans to cut the charity off after his deathInvestor Warren Buffett announced that he plans to cut off donations to the Bill & Melinda Gates Foundation after his death.
Read more »
Warren Buffett donates record $5.3 billion Berkshire shares to charityWarren Buffett donates record $5.3 billion Berkshire shares to charity
Read more »
Warren Buffett donates again to the Gates Foundation but will cut the charity off after his deathInvestor Warren Buffett has announced another $5.3 billion in charitable gifts Friday.
Read more »
Warren Buffett donates again to the Gates Foundation but will cut the charity off after his deathInvestor Warren Buffett has announced another $5.3 billion in charitable gifts Friday.
Read more »
Warren Buffett donates record $5.3B Berkshire shares to these five charitiesBuffett, 93, plans to give away more than 99% of the fortune he built at Berkshire, which he has run since 1965, with his children serving as executors of his will.
Read more »
Warren Buffett gives away another $5.3 billion, says his children will manage his estateWarren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to five charities.
Read more »