> Warren Buffett Blog: Warren Buffett donates $3 Billion Dollars of Berkshire Stock

Wednesday, July 12, 2017

Warren Buffett donates $3 Billion Dollars of Berkshire Stock


Warren Buffett this week donated around $3.17 billion worth of Berkshire Hathaway stock to the Bill & Melinda Gates Foundation and four family charities. 

Buffett's donation to the five charities comprised 18.63 million Class “B” shares of Berkshire, valued at $170.25 each as of Monday’s market close.

Berkshire said Buffett, 86, has made $27.54 billion in donations since 2006 to the five charities, including roughly $21.9 billion to the Gates Foundation.

Buffett still owns about 17 percent of Berkshire, the Omaha, Nebraska-based conglomerate he has run since 1965, despite having donated more than 40 percent of his holdings.