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.
not yet legal type
He was into the type our people really want to legalise. That makes it okay, right?