In a shocking announcement, Warren Buffett has revealed a $6 billion donation in Berkshire Hathaway stock to five foundations.
See the tweet below!
Berkshire Hathaway, owner of companies like Geico and Dairy Queen, is seeing its shares—especially over 12 million Class B units—directed toward these charities by June 30, 2025.
Buffett has dedicated $6 billion of Berkshire Hathaway shares to charitable foundations.
This donation marks his largest philanthropic effort since 2006.
Major beneficiaries include the Bill & Melinda Gates Foundation and the Susan Thompson Buffett Foundation, focused on family planning and reproductive health.
Buffett’s commitment to expanding philanthropy is profound.
He’s pledged a total of $36 billion to the Gates Foundation up until 2022.
The billionaire philanthropist’s children are set to manage this massive wealth, ensuring it benefits charities within a decade of his passing.
This latest charitable gesture sends a strong message: prioritizing social issues and long-term investments in public well-being.
The Sherwood Foundation, Howard G. Buffett Foundation, and NoVo Foundation also benefit, receiving 660,366 shares each.
Berkshire Hathaway’s Class B stock has seen a 19.1% increase over the past year.
Buffett attributes such success to his long-term investment strategy.
This recent increase in share value only amplifies the impact of his donations.
Buffett plans to continue annual donations to the Gates Foundation and his family’s charities until the end of his life.
Afterward, his children will decide on future distributions, with donations to the Gates Foundation scheduled to halt.
The largest portion of Buffett’s $6 billion donation heads to the Gates Foundation, receiving 9.4 million shares.
His strategic planning ensures that the impact of his wealth far outlasts his lifetime, addressing pivotal social concerns across the globe.
Warren Buffett announces $6 billion in donations to five foundations https://t.co/djNNTkKZv7
— FOX61 (@FOX61News) June 29, 2025
