Warren Buffett's latest will: 130 billion "for children" to take care of

The Webmaster's House

2024-07-02 00:33

Webmaster's Home (ChinaZ.com) July 1 News: Recently, Warren Buffett, known as the "God of Stocks", made a rare disclosure of his latest estate arrangement through an exclusive interview with the media. This 93-year-old well-known American investor not only dominates the market, but also has a far-reaching impact in the field of charity.

It is reported that Warren Buffett has revised his will several times, and in the latest arrangement, he decided to donate all the remaining wealth after his death to a newly established charitable trust fund. This decision not only reflects his persistent pursuit of philanthropy, but also shows his profound teachings for future generations.

The new charitable trust will be overseen by Warren Buffett's daughter, Susan Buffett, and two sons, Howard Buffett and Peter Buffett. Together, this family team will decide how to spend this massive amount of money to achieve Buffett's philanthropic vision.

Warren Buffett currently holds about $130 billion worth of Berkshire Hathaway shares, all of which will flow into the charitable trust after his death. It is worth mentioning that Buffett made it clear that he would stop donating to Bill Gates' Gates Foundation after his death, which signifies that he will devote more energy and resources to his philanthropy.

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