July 8, 2013; Bloomberg
Sign up for our free newsletters
Subscribe to NPQ's newsletters to have our top stories delivered directly to your inbox.
The stock market has recently been very, very good to Warren Buffett, and as a result, he has just donated Berkshire Hathaway shares worth $2.63 billion to a number of foundations, including the Bill and Melinda Gates Foundation; the Susan Thompson Buffett Foundation (named for his late wife); the Howard G. Buffett Foundation, a family charity focused on poverty; the NoVo Foundation, led by Buffett’s son, Peter, and his wife; and the Sherwood Foundation. The Gates Foundation got a lion’s share worth $2 billion, breaking his record of $1.8 billion given from 2008. He has pledged a total of $31 billion to Gates.
Buffet’s net worth was estimated by Forbes at $53.5 billion in March of this year, so he probably won’t miss it.—Ruth McCambridge