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Warren Buffett Donates $2 Billion In Berkshire Hathaway Shares To Charities

First Posted: 07- 8-08 08:06 AM   |   Updated: 07-16-08 05:12 AM

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Warren Buffett


Warren Buffett has given away 512,169 Class B shares of Berkshire Hathaway stock to three charitable foundations, in keeping with his plan to give away the bulk of his fortune, The Associated Press reported.

The shares were worth $3,999 each, more than $2.05 billion total, at the close of trading July 1, the day Mr. Buffett transferred their ownership.

Most of the shares went to the Bill & Melinda Gates Foundation.

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Filed by Dave Burdick  |  Report Corrections