July 1, 2010; Source: Seattle Times | Because Berkshire Hathaway stock has increased in value over the past year, Warren Buffett’s 2010 payment on its pledge to the Gates Foundation has gone up by 30% over last year, ringing in at a resounding $1.62 billion. On Friday of last week, the Wall Street Journal estimated the worth of Buffett’s overall pledge to the Gates Foundation at $39 billion. For more on a related story see Buzz Schmidt’s recent article on the subject of Billionaire philanthropy.—Ruth McCambridge
Sign up for our free newsletter
Subscribe to the NPQ newsletter to have our top stories delivered directly to your inbox.