Warren Buffett recently donated $6 billion in Berkshire Hathaway stock to various charities, including the Bill Gates Foundation and those set up by his children. This notable act brings his lifetime charitable contributions to an impressive $60 billion. Despite his philanthropic focus, Buffett has ensured provisions for his children outside of this trust, which allocates 99% of his wealth to charitable causes. As he approaches 95 years old, speculation arises about whether his donations might increase in size.
He donated 9.43 million shares to the Gates Foundation; 943,384 shares to the Susan Thompson Buffett Foundation; and 660,366 shares to each of three charities led respectively by his children.
Buffett's will says that 99% of his money will be given to a charitable trust run by all his children. The trust will not pay them.
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