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The Independent UK
The Independent UK
National
Josh Funk

Buffett donates over $750 million to his family charities

Warren Buffett Howard Buffett Peter Buffett Susie Buffett Berkshire Berkshire Hathaway Gates Foundation
Copyright 2019 The Associated Press. All rights reserved

Billionaire investor Warren Buffett donated more than $750 million in Berkshire Hathaway stock to the four foundations run by his family Wednesday, but unlike his annual gifts to charity each summer, the recipients didn't include the Bill & Melinda Gates Foundation.

Buffett has been making annual donations to the same five charities every year since 2006 when he unveiled a plan to give away his fortune over time, with the Gates Foundation receiving the biggest donations. Wednesday's donations mark the first time the 92-year-old has made a second major gift within the same year.

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