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Investor Warren Buffett announced another $5.3 billion in charitable gifts Friday, but in a major shift of his longtime giving plan he said he plans to cut off donations to the Bill & Melinda ...
The Oracle of Omaha is looking into his crystal ball.
Warren Buffett and Bill Gates, who both rank high among the richest men in the world, have been friends for decades. It began in the 1990s and led to joint ventures and world-changing philanthropy.
OMAHA, Neb. (AP) — Investor Warren Buffett announced another $5.3 billion in charitable gifts Friday, but in a major shift of his longtime giving plan he said he plans to cut off donations to the Bill & Melinda Gates Foundation after his death and let his three children decide how to distribute the rest of his $128 billion fortune.
As a result of the apparent rift, the 94-year-old Buffett has tapered off his donations and recently told The Wall Street Journal the Gates Foundation “has no money coming after my death.”
“My friend Warren Buffett still comes into the office six days a week,” Gates told CNBC's Make It in an interview released over the weekend. “So, I hope my health allows me to be like Warren.”
Warren Edward Buffett (/ ˈ b ʌ f ɪ t / BUF-it; born August 30, 1930) [2] is an American investor and philanthropist who currently serves as the chairman and CEO of Berkshire Hathaway.
Billionaire investor Warren Buffett said he is resigning as a trustee of the Bill and Melinda Gates Foundation, and has donated half his wealth to philanthropy since pledging 15 years ago to give ...