Warren Buffett has just given $3.17 billion to charity | Welcome to Linda Ikeji's Blog

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Tuesday, 11 July 2017

Warren Buffett has just given $3.17 billion to charity

According to his company statement, Warren Buffet gave away $3.17 billion in shares of his holding company, Berkshire Hathaway to charity on Monday.

The stock went to the Bill & Melinda Gates Foundation, as well as four foundations with ties to the Buffett family: Buffett's education-focused charity, which is named after his late wife Susan; 
the Sherwood Foundation, which is chaired by their daughter; the Howard G. Buffett Foundation, which is led by his son; and the NoVo Foundation, which has Buffett's youngest son Peter at the helm.


Back in 2006, Buffett announced plans to gradually donate all his Berkshire Hathaway shares and in 2010, Buffett launched The Giving Pledge with Bill Gates. The initiative encourages the world's billionaires to dedicate the majority of their wealth to philanthropic causes. As of May, 170 people had signed the pledge across 21 countries.

9 comments:

Manuel Kunmi said...

wooow

Anonymous said...

This is a nice step by one of the world's billionaire. Africa and even Nigeria will definitely benefit from this, but how will our people use it to change lives?

that the big question.???

ahabike daniel said...

Mogul talk

Anonymous said...

God bless him, those who dey show their small change wey dem use for club, hushcow in particular, make dem do charity, silly man.

Careerngn said...

Love this man like kilode, he is my role model

Ray said...

Who are thry trying to fool...all charities are being handled by his children

Vivian Reginalds said...

wow
-D great anonymous now as Vivian Reginalds

MUFC said...

As in eh...

I keep wondering who these charities are... Invisible

Anonymous said...

Can Dangote give $125million dollars as charity at once?

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