Warren Buffet to donate his Berkshire shares to these four foundations by 2034
Investor Warren Buffett has announced plans to donate all of his Berkshire Hathaway shares to four specific foundations by the end of 2034. The move involves converting Class A shares into Class B shares to facilitate the multi-billion dollar annual grants.
Why it matters
This represents one of the largest philanthropic commitments in history, significantly impacting the long-term funding of the named charitable foundations.
Warren Buffet has announced to donate all of his Berkshire shares by 2034 to four foundations. In a press release dated July 14, 2026, Buffett says, “My goal is to dispose of all of my Berkshire shares within about eight years.” The four foundations include Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation and Novo Foundation. “Of course, mortality is unpredictable, but my remaining shares will be donated to the four foundations one way or the other by December 31, 2034,” the world’s richest investor says adding “The goal is to have the grants grow annually to each of the three foundations managed by each of my children and the annual grant to the Susan Thompson Buffett Foundation grow at a somewhat greater rate”.Warren Buffet sets goal to dispose all of his Berkshire WealthAnnouncing his plans to “dispose” all his Berkshire shares by 2034, Warrant Buffet said “As…
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