Warren Buffet Gives $2 Billion To Charities

By Ron Haruni|Jul 7, 2008, 10:24 PM|Author's Website  

Often called the “Oracle of Omaha”, billionaire Warren Buffet has given away $2 billion to charities.

From AP: Excerpt:

Billionaire Warren Buffett has given away 512,169 Class B shares of Berkshire Hathaway Inc. (BRKB-B) stock to three charitable foundations in keeping with his plan to give away the bulk of his fortune.
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The gifts were revealed in paperwork filed Monday with the Securities and Exchange Commission. Those shares were worth $3,999 each, more than $2.05 billion total, at the close of trading July 1, the day Buffett transferred their ownership.
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Most of the shares – 451,250 – went to the Bill & Melinda Gates Foundation.

Buffet is known for his philanthropy and support of charitable causes. During fiscal 2006, the Omaha billionaire announced a plan to give away his fortune to charity, with more than 80% of it going to the Bill & Melinda Gates Foundation which is the largest and most transparently operated private foundation in the world.

One Comment

  1. Jim says:

    I just wonder if Warren Buffet would help a law enforcement Officer that gets $0 dollars for the work that I do . I have to pay for everything I need . Help comes from nowhere. My 1988 crown vic transmission is out . My body armor is over 20 years old . my patrol rifel is almost 70 years old. I want to give my tiny micro self to my community. I am all I have to give .

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