Warren Buffet has set himself a deadline, and a tight one. The Berkshire Hathaway chairman, who turns 96 next month, said on Tuesday that he intends to give away his entire stake in the company, worth more than $140B (£105B), by the end of 2034. Until now, the arrangement had been for his three children to hand out whatever was left within a decade of his death.
'My goal is to dispose of all of my Berkshire shares within about eight years,' Buffett said in a statement released by the company. His children, he added, are 'unfortunately growing older', and he wants the task finished on a fixed schedule rather than left to his estate.
