Warren Buffett to donate all Berkshire shares worth $140bn to four charities by 2034
Billionaire investor Warren Buffett has announced plans to donate his entire stake in Berkshire Hathaway to four charitable foundations by 2034. The philanthropic move is expected to transfer over $140 billion in wealth to the selected organisations. Three of the foundations are managed by his children and will see their annual grants increase over time. The Susan Thompson Buffett Foundation is set to receive a comparatively larger annual grant among the beneficiaries. The announcement marks one of the most significant acts of private wealth redistribution in history.
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