Forbes·1 min read·medium
Warren Buffett Cuts Gates From Stock Donations—Gives To His Childrens’ Charities - Forbes
Z
Zachary Folk
✦AI Summary
Warren Buffett has announced a shift in his philanthropic strategy, redirecting $4.4 billion in stock donations away from the Bill & Melinda Gates Foundation. These funds will instead be donated to charities managed by his children.
In a statement released on Tuesday, Buffett said he would donate 9 million Class B shares (worth about $4.4 billion) to the Susan Thompson Buffett Foundation, as well as 1 million each (each donation…
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