Buffett donates over $750 million to his family charities

Published November 23, 2022 5:00 PM

By JOSH FUNK
AP Business Writer

OMAHA, Neb. (AP) — Billionaire investor Warren Buffett donated more than $750 million in Berkshire Hathaway stock to the four foundations run by his family Wednesday. Unlike Buffett’s planned annual gifts to charity each summer, the recipients didn’t include the Bill & Melinda Gates Foundation. Buffett has been making donations to the five charities every year since 2006, when he unveiled a plan to give away his fortune over time, with the Gates Foundation receiving the biggest donations. Wednesday’s donations mark the first time the 92-year-old has made a second major gift within the same year.

Article Topic Follows: AP National News

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.