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The Susan Thompson Buffett Foundation is a charitable organization formed 1964 in Omaha, Nebraska, by investor and industrialist Warren Buffett as a vehicle to manage his charitable giving. It was known simply as the Buffett Foundation until 2004, when it was renamed in honor of Susan Buffett , who died that year.
Warren Buffett. Warren Edward Buffett ( / ˈbʌfɪt / BUF-it; born August 30, 1930) [2] is an American businessman, investor, and philanthropist who currently serves as the co-founder, chairman and CEO of Berkshire Hathaway. As a result of his investment success, Buffett is one of the best-known investors in the world.
Buffett became the biggest donor in history in June 2006, when he pledged 10 million shares of his Berkshire Hathaway Class B stock, then valued at about $36.1 billion, to the Gates Foundation ...
t. e. The Giving Pledge is a charitable campaign, founded by Bill Gates and Warren Buffett, to encourage wealthy people to contribute a majority (i.e. more than 50%) of their wealth to philanthropic causes. As of June 2022, the pledge has had 236 signatories from 28 countries. [1] Most of the signatories of the pledge are billionaires, and as ...
May 4, 2024 at 6:29 PM. Queue the bears. Berkshire Hathaway's ( BRK-A, BRK-B) cash pile hit another record high in the first quarter of $189 billion, the industrial giant said in its earnings ...
He gave 1.5 million shares of Berkshire Hathaway Class “B” stock valued at $541.5 million to the Susan Thompson Buffett Foundation, named for his first wife, who died in 2004.
On June 25, 2006, Warren Buffett pledged to give the foundation approximately 10 million Berkshire Hathaway Class B shares (then valued at $3,071 each, before a 50–1 stock split in 2010) spread over multiple years through annual contributions, with the first year's donation of 500,000 shares being worth approximately $1.5 billion.
It wasn’t until 1996 that he sold his stake in Duty Free Shoppers for a tidy $1.63 billion that went to his foundation, ... Warren Buffett shares the 'best investment' you can make when battling ...