Warren Buffett donates $4 billion to charity
STORY: Warren Buffett donates $4 billion to charity
Source: Berkshire Hathaway Inc.
The donation comprises about 14.4 million of the Berkshire Hathaway chairman’s Class B shares
Those closed at $277.64 on June 14
Eleven million shares will go to the Bill & Melinda Gates Foundation
And 1.1 million will go to the Susan Thompson Buffett Foundation, named for Buffet’s late first wife
Another 770,000 shares will go to charities run by Buffett's children Howard, Susan and Peter
The 91-year-old billionaire has pledged to give away nearly all his net worth
Buffett has donated more than half of his Berkshire shares since 2006
The donations were worth about $45.5 billion at the time they were made
Buffett still owns approximately 16% of Berkshire and controls about one-third of its voting power