Headline: UNCAPTIONED: Warren Buffett Donates $6 Billion in Largest-Ever Annual Gift
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Warren Buffett Donates $6 Billion in Largest-Ever Annual Gift. Warren Buffett has just made his biggest annual donation yet—giving away $6 billion worth of Berkshire Hathaway stock to five charities. The bulk of it went to the Bill & Melinda Gates Foundation, with the rest divided among four family-led foundations run by his children and in honor of his late wife. This brings Buffett's lifetime donations to over $60 billion since he began his philanthropic pledge in 2006. Despite the massive giveaway, Buffett, now 94, still owns nearly 14% of Berkshire Hathaway and remains one of the richest people in the world. Buffett has pledged that 99.5% of his fortune will go to charity after his death with his children overseeing the trust and required to agree unanimously on where the money goes. He reiterated that he has no plans to sell any shares and remains fully committed to his long-term giving strategy.
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Keywords: Current affairs & Politics,Warren Buffett,$6 billion donation,Berkshire Hathaway stock,annual gift,Bill & Melinda Gates Foundation,family foundations,lifetime donations,$60 billion,philanthropic pledge,2006,94 years old,14% ownership,richest people,99.5% fortune to charity,posthumous giving,children trustees,unanimous decisions,long-term strategy,no stock sale.
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