WARREN BUFFETT TO DONATE NEARLY $4 BILLION IN SHARES TO CHARITY

Jul 02, 2019

By Maria Madden

Share on

Billionaire Zoomer Warren Buffett is feeling very generous and has announced that he is to donate a chunk of shares worth $3.6 billion to five different charities.

The investor, who is the worlds 4th richest person has already plowed $34 billion into the the five foundations, which represents about 45% of his 2006 holdings.

The 88-year-old Buffett is giving the shares to the Bill & Melinda Gates Foundation, as well as a foundation set up in his late wife’s memory and three run by his children.

For his part, Buffett plans to leave his children less than 1 percent of his fortune, which sits somewhere between $86 and $90 Billion.

Join Our Fan Club
Coverage Area
Downtown Toronto
96.7FM
Toronto HD
96.3 HD-2
Kingston to Windsor, Parry Sound to Pittsburgh
AM740
ZoomerRadio Logo

Recently Played: