Billionaire investor Warren Buffett is the gift that keeps on giving.
The Berkshire Hathaway CEO on Monday donated $2.8 billion to five foundations as a part of his annual pledge.
Around 20.6 billion shares of Berkshire Hathaway class B stock will be donated to the Bill and Melinda Gates, Susan Thompson Buffett, Sherwood, Howard G. Buffett and NoVo Foundations, the company announced in a statement.
It marks Buffett’s tenth annual gift to charities. Last year, Buffett set a personal philanthropy record when he donated an equivalent $2.8 billion.
Buffett’s donation follows the recent headline-making news by Alwaleed bin Talal. The Saudi Prince said he plans to give away his entire fortune worth $32 billion to philanthropic causes over the next few years.
- The Fall of Roe and the Failure of the Feminist Industrial Complex
- The Ocean Is Climate Change’s First Victim and Last Resort
- Column: 6 Proven Ways to Reduce Gun Violence
- Ads Are Officially Coming to Netflix. Here's What That Means for You
- Jenny Slate on the Unifying Power of a Well-Heeled Shell Named Marcel
- Column: The FDA's Juul Ban May Not be a Pure Public Health Triumph
- What the Supreme Court’s Abortion Decision Means for Your State
