Warren Buffett expresses gratitude as he gifts $876 million in Berkshire Hathaway stock to family foundations, continuing his commitment to philanthropy
“At Thanksgiving I have much to be thankful for,” Warren Buffet said in a statement Tuesday, announcing that he had gifted 2.4 million Class B shares of Berkshire Hathaway stock to charitable foundations run by his children. The gifts to The Susan Thompson Buffett Foundation, The Sherwood Foundation, The Howard G. Buffett Foundation and NoVo Foundation total approximately $876 million and are in addition to the regular donations he makes each summer to those foundations and the Bill & Melinda Gates Foundation. This is the second year that Buffett has made additional gifts to the family foundations around Thanksgiving.
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