Summary
Warren Buffett gave $1.1 billion in Berkshire Hathaway stock to family foundations and detailed plans for distributing his $147 billion fortune after his death.
His three children will oversee giving the remainder within 10 years, with designated successors in case they predecease him.
Buffett, 94, reaffirmed his belief in avoiding dynastic wealth, favoring philanthropy instead.
Over the years, he has donated $55 billion to the Gates Foundation but plans to shift focus to his family’s foundations.
Buffett continues leading Berkshire Hathaway while preparing Greg Abel as his successor.
Thanks. Yeah, my best friend is now retired air force. I was going to join myself but I’m mostly deaf in my left ear so they weren’t going to allow me to do a lot of the things I was interested in doing.
Yeah they’re real picky about who they let in. I get it, but it also keeps a lot of people who would otherwise make good Airmen out.
Anyway I have two rules when posting here:
I uh… wasn’t great about rule 1 here (sorry 😬), and I outright broke rule 2 at least twice. I’ll leave these comments up for a bit then I’m deleting everything and this account.
It was nice talking to you. I hope your situation improves somehow. I’ll be advocating for policies to help you, wherever you are. Maybe things will never change, but they’ll definitely never change if we don’t demand it.