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International Business Times UK

Business

Niloy Chakrabarti

Warren Buffett Donates 9.4M Berkshire Shares to the Gates Trust Despite Rumoured Rift With Bill Gates

Warren Buffett Bill Gates Howard Graham Buffett Peter Buffett Berkshire Berkshire Hathaway Gates Foundation The Gates Foundation the Susan Thompson Buffett Foundation

Buffett paying for lunch with coupons.at a McDonald's in Hong Kong. (Credit: gatesnotes.com)

Legendary investor Warren Buffett, 94, has commenced his previously announced estate planning strategy.

According to the latest US Securities and Exchange Commission filing, the Oracle of Omaha converted 8,239 class A shares of Berkshire Hathaway into 12.35 million class B shares of common stock, where each class A share is convertible into 1,500 class B shares.

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