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Fortune
Fortune
Diane Brady

Buffett and Murdoch vs Father Time

(Credit: Daniel Zuchnik/WireImage)

Good morning.

Everyone gives away their assets at the end, to causes good and bad. Warren Buffett, 94, just announced plans to distribute another $1.14 billion in Berkshire Hathaway shares to his family’s foundations. It’s the latest step in Buffett’s plan to give his wealth away, which he first announced to Fortune reporter Carol Loomis in 2006. Back then, he had a net worth of about $40 billion. Today, after giving away more than half of his fortune, he’s worth almost $150 billion.

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