BRKB241129P462500
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Berkshire Hathaway-B Newsroom
Berkshire Hathaway's Buffett to Convert 1,600 A Shares Into 2.4M B Shares in Order to Give These B Shrs to Four Family Foundations
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Warren Buffett Gives Away More of His Shares to Four Foundations, as Part of Giving Pledge
Buffett published a long article! Donated another $1.1 billion in stocks, designated three charity trustees, opposing inherited wealth (full text attached).
Specifically, Buffett will convert 1,600 shares of Class A stock into 2,400,000 shares of Class B stock in order to donate the Class B shares to four family foundations controlled by his children. He also stated in the letter that, considering he is a white American male born in the 1930s, both in terms of geographic location and social status, he "had long" been certain that he would become wealthy.
Warren Buffett Donates Another $1 Billion. He Has Estate-Planning Advice for Everyone. -- WSJ
Buffett Details Plans for Fortune as Berkshire Hathaway Stock Hits a Record -- Barrons.com
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Trending: Berkshire's Buffett Converts $1.14B in Stock for Charitable Donations
Donate! Donate! Donate! Buffett announced the donation of approximately $1.14 billion worth of Berkshire (BRK.A.US) shares to four family foundations.
Warren Buffett, the stock god, recently announced that he will donate approximately 1.14 billion dollars worth of stocks from Berkshire Hathaway (BRK.A.US, BRK.B.US) to four family funds.
Berkshire Hathaway Inc. News Release
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