Warren Buffett Donates $1.1 Billion and Updates Plans for $150 Billion Fortune

The 94-year-old investor outlines detailed estate plans, including successor trustees, while reaffirming his commitment to philanthropy.

Warren Buffett has donated $1.1 billion in Berkshire Hathaway stock to four family foundations, continuing his long-standing tradition of giving.
Buffett reiterated his pledge to donate 99% of his $150 billion fortune, with 56.6% already distributed since 2006.
He has designated three younger successor trustees to ensure the continuation of his philanthropic mission if his children cannot fulfill the responsibility.
Buffett emphasized the importance of transparency in estate planning, encouraging parents to discuss their wills with their children to avoid future disputes.
The billionaire also announced he will cease donations to the Gates Foundation after his death, entrusting his children to manage the majority of his charitable contributions.