According to Forbes' Real-Time Billionaires Index, veteran investor Warren Buffett's net worth is 110.2. With this wealth, he occupies the fifth position in the top-10 billionaires list.
Billionaire investor Warren Buffett has donated $750 million in Berkshire Hathaway stock to four foundations run by his family. The 92-year-old investor has been donating to five charities every year. But this time the name of Bill and Melinda Gates Foundation is not included in the foundations that have received donations from them.
Donations since 2006
According to Business Today, warren buffet, a veteran investor and one of the world's top-10 billionaires, has been donating to these five charities since 2006. According to information provided in a filing with the Securities and Exchange Commission, Warren Buffett has donated 1.5 million Class B.S. in the Omaha, Nebraska-based group. Which leads to the Susan Thompson Buffett Foundation named after his first wife. Apart from this, he also gave 300,000 Class B shares to three charities run by his children, Sherwood Foundation, Howard G. Buffet Foundation and Novo Foundation.
Second major donation of 2022
This is the second major donation by Warren Buffett this year. Earlier in June 2022, he gave 11 million Class B shares to the Bill and Melinda Gates Foundation, 1.1 million B shares to the Susan Thompson Buffett Foundation and his own. However, there has been no clear comment from the Buffet Family Foundation so far regarding the donations made this week and the isolation of the Gates Foundation.
Changes in Buffett's donation plan
Warren Buffett has also changed his donation plan in the last few years. According to the report , he has now increased the donation amount of the foundations run by his children. The Susan Thompson Buffet Foundation maintains a low profile when it comes to the family charity she has donated, but over the past few years it has emerged as a major supporter of abortion rights.
Family helping in these areas
Susie Buffett uses her Sherwood Foundation to strengthen children's education and supports several projects around Buffett's hometown of Omaha. Howard Buffett is helping farmers in poor countries to increase their productivity. . In addition, Peter Buffett is working to empower women and girls around the world through education, cooperation and economic development to end violence against women through the Foundation.
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