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The Times of India
The Times of India
World
TOI World Desk

Warren Buffett plans to donate over 99% of his fortune rather than build a family dynasty: Here's why

Warren Buffett, one of the world's most successful investors and the chairman of Berkshire Hathaway, has long maintained that the vast majority of his wealth should be used for philanthropy rather than passed down through generations of his family. The billionaire has pledged to donate more than 99% of his fortune, which is valued at well over $100 billion, to charitable causes during his lifetime and after his death. Buffett's stance sets him apart from many wealthy families that seek to preserve and grow their fortunes across generations. According to the investing legend, his decision is rooted in principles of fairness, opportunity, and social responsibility rather than a desire to create a lasting family dynasty.

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