Warren Buffett donates $ 1.6 billion to the Gates fund
Billionaire Warren Buffett (Warren Buffett) donated $ 1.6 billion of Berkshire Hathaway shares to the Bill and Melinda Gates Foundation. This is the largest contribution made by him as part of a promise to give most of his fortune to charity.
The notice to the US Securities and Exchange Commission (SEC) informs of the transfer of 500,000 class B shares at the exchange rate of Thursday at $ 3,208. On this day, they rose $ 35.
Next week, Buffett will celebrate its 76th anniversary. In June, he promised to transfer to a charitable foundation 85% of his fortune, amounting to $ 44 billion. Until now, not a single person in history has donated so large sums.
')
About 70% of the funds will be transferred to the Gates Foundation, whose goals are to fight disease, poverty and help improve education.
Gates, chairman of Microsoft, is also the director of Berkshire Hathaway, an investment and insurance company managed by Buffett since 1965, when the billionaire was still a poor textile manufacturer. Gates and his investment company Cascade Investment together hold $ 419 million in Berkshire shares.
In June, Buffett gave 10 million Class B shares to the Gates Foundation, and another 2.05 million to four charitable organizations.
Berkshire owns large stakes of blue chips, including American Express,Coca-Cola and Wal-Mart Stores, as well as 50 more major firms, Reuters reported.
A source
The notice to the US Securities and Exchange Commission (SEC) informs of the transfer of 500,000 class B shares at the exchange rate of Thursday at $ 3,208. On this day, they rose $ 35.
Next week, Buffett will celebrate its 76th anniversary. In June, he promised to transfer to a charitable foundation 85% of his fortune, amounting to $ 44 billion. Until now, not a single person in history has donated so large sums.
')
About 70% of the funds will be transferred to the Gates Foundation, whose goals are to fight disease, poverty and help improve education.
Gates, chairman of Microsoft, is also the director of Berkshire Hathaway, an investment and insurance company managed by Buffett since 1965, when the billionaire was still a poor textile manufacturer. Gates and his investment company Cascade Investment together hold $ 419 million in Berkshire shares.
In June, Buffett gave 10 million Class B shares to the Gates Foundation, and another 2.05 million to four charitable organizations.
Berkshire owns large stakes of blue chips, including American Express,
A source
Source: https://habr.com/ru/post/193/
All Articles