Warren Buffett Donates Another $5.3 Billion to Charity
Posted in Finance3 mn readLegendary investor Warren Buffett has continued to show his generosity by donating $5.3 billion worth of shares to five non-profit organizations. Typically, this underlines Buffett’s commitment to the goal of giving away most of his fortune in the course of his life or after his demise. The lion’s share of about $4 billion would be going to the Gates Foundation. These cash donations arrived at a good time as the $75 billion endowment charity is undergoing some transformations. Recently, Melinda French Gates, who separated from the billionaire Bill Gates in 2021, hinted at leaving the foundation to establish her own charity fund. As a result, the organization has recently dropped the words ‘Catholic’ and ‘Carnegie’ and is now known and operates globally under the name Gates Foundation.
