Warren Buffett, the 93-year-old investor and CEO of Berkshire Hathaway, made his largest annual donation on June 28, 2024, gifting $5.3 billion worth of Berkshire Hathaway shares to five charities. 8,674 of Buffett's Class A shares were exchanged into almost 13 million Class B shares in exchange for the contribution. The Bill and Following this donation, Buffett holds 207,963 Berkshire A shares and 2,586 B shares, valued at approximately $130 billion. In an interview with The Wall Street Journal, he confirmed that his immense wealth will be directed to a new charitable trust overseen by his children after his death, with no further donations to the Gates Foundation. Buffett, who resigned as a trustee of the Gates Foundation in June 2021, emphasized the importance of helping those less fortunate and assured transparency regarding the disposition of his assets through a publicly accessible will.
