CEO Warren Buffett said the company has the right CEO to succeed him and the right Board of Directors as he made a donation of $866 million of Berkshire.
“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.
Warren Buffett Celebrates Thanksgiving With $866 Million in Donations philanthropy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philanthropy.com Daily Mail and Mail on Sunday newspapers.
Warren Buffet donates Berkshire Hathaway shares to children s foundations at Thanksgiving go.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from go.com Daily Mail and Mail on Sunday newspapers.