Dan Sheridan, CEO of Brooks, about Warren Buffett is moving away from Berkshire Hathaya and the impact of tariffs on the Clampan countdown.
Berkshire Hathaway CEO Warren Textile On Friday, he announced that he would donate another $ 6 billion to the company to the Gates Foundation and four family charities.
His biggest annual financial aid since he began his wealth in 2006 when he pledged to give a large part of his wealth to charity, primarily through five.
Buffet, 94, donates 9.43 million shares to the Gates Foundation. 943,384 Share to the Susan Thompson Baft Foundation; And 660,366 shares to each of the three charities, respectively by his children Howard, Susie, and Peter: the Howard Jay Baft Foundation, the Sherwood Foundation and the Novo Foundation. These donations will be delivered on Monday.
Warren Buffett, CEO of Berkshire Hathaway, announced on Friday that he will donate another $ 6 billion to the company's shares to the Gates Foundation and four family charities. (Johannes Eisele / AFP through Getty Images / Getty Images)
The texture of more than $ 5b in Berkeshire's shares donated to 5 bases: During the 50b of $ 60b
Oracle Omaha converted 8,239 shares to 12,358,500 shares up to 12,358,321 shares of Berkeshire Hathavi Stock of “B” to five bases.
Is the stock The main stock The company, which is high in value and high voting power, was created in 1996 so that smaller investors could own Berkshire.
Even after giving tens of billions of dollars, it maintains strong control of Berkshire because it maintains its stock, which has almost all voting power. Stocks B transfer, value and dissolution are far easier for charities than stocks.
The texture still has 13.8 % of Berkshire's shares, according to the reported stock. According to Forbes Magazine, his $ 152 billion net worth before Friday's aid has made him the world's fifth wealthy person.
The 94 -year -old buffet donates 9.43 million shares to the Gates Foundation, chaired by Bill Gates. (Leon Nile – WPA Pool / Giti Pictures)
Baft criticizes Trump's tariffs, says we should not use trade as weapons ”
When he first donated in 2006, he had 474.998 Berkshire A worth about $ 43 billion, showing more than 98 % of his net value.
Within 19 years ofWith He has bought and sold any stocks of A or B, and also does not intend to do so.
“These five founders have received Berkshire B stocks that have received about $ 60 billion, significantly more than my total net value in 2006.” “I have no debt and my remaining stock is worth about $ 145 billion, more than 99 % of my net value.”
“There is nothing extraordinary in Berkeshire; a long band, simple and generally healthy decisions, American effects and combination of my current wealth produces. My will provides about 99 % of my property for it. Humanitarian use.
Warren Buffett goes to a morning meeting at the Allen & Company Sun Valley conference in San Valley, Idaho on July 13, 2023. The texture has now given $ 60 billion to humanitarian wealth. (Photo by Kevin Dietsch / Getty Images / Getty Images)
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Buffett intends to step down as Berkshire Hathaway CEO and Billionaire Investor by the end of this year Wolf AbelAs a Vice President, he will be his replacement.
“I think it is time for the wolf to be the executive director at the end of the year,” Baft said at the annual summit of Berkeshire's shareholders in Omaha, Nebraska. Habil, 62, has been a vice president since 2018.
Reuters was involved in this report.