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Warren Buffett giving away another $2.9 billion, bring total donations since 2006 to $37 billion

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Warren Buffett just announced his annual charitable donations to the five philanthropies he’s chosen to give the vast bulk of his fortune to.

This year, the “Oracle of Omaha” is distributing 15.9 million class B shares of Berkshire Hathaway valued at about $2.9 billion. That brings his total philanthropic donations to more than $37 billion since 2006.

Buffett has said that he will give away more than 99% of his fortune, with the bulk going to the Bill and Melinda Gates Foundation; a charity founded by his late wife Susan Thompson Buffett; and charities run by each of his three children.

After making the most recent donation, Buffett will still hold 248,734 Class A shares of Berkshire,…



Source cnbc.com

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