Overview

• He donated about 12.36 million Berkshire Class B shares valued at $6 billion, directing 9.43 million to the Gates Foundation and smaller allocations to the Susan Thompson Buffett, Howard G. Buffett, Sherwood and NoVo foundations
• The contribution marks his largest annual gift since 2006 and pushes his cumulative philanthropy to over $60 billion
• Buffett retains a 13.8% stake in Berkshire Hathaway and has reaffirmed he does not intend to sell any of his shares
• At an estimated $152 billion net worth before the transfer, the donation will shift him from the world’s fifth- to sixth-richest person
• A 2024 will amendment stipulates that 99.5% of his remaining estate will flow into a child-managed charitable trust to be distributed unanimously over the next decade