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    SUSAN THOMPSON

    The Warren Buffett Legacy: What's next for his billions?

    Warren Buffett, chairman of Berkshire Hathaway, has revised his will to redirect his considerable fortune away from the Bill & Melinda Gates Foundation posthumously. Instead, Buffett plans to allocate his wealth to a new charitable trust managed by his three children, expressing confidence in their values and ability to distribute the funds effectively. This decision marks a significant shift from previous plans where the Gates Foundation and family-related charities were primary beneficiaries of over 99% of his estate.

    Warren Buffett donates record $5.3 bln Berkshire shares

    Warren Buffett is donating another $5.3 billion of Berkshire Hathaway stock to the Bill & Melinda Gates Foundation and four family charities, his biggest annual donation since he began making them in 2006.

    Art Directors Guild Awards 2024: Nominations, date, time, place, host

    'Maestro', 'Napoleon' and 'Oppenheimer have been nominated in the period feature film category of Art Directors Guild 2024 Nominations. Here is the list. Also, know when and where the winners will be announced.

    Philanthropic Titans: Warren Buffett, James Simons, and Phil Knight lead 2023's generosity league

    The year 2023 witnessed an exceptional surge in philanthropic acts, surpassing $3.5 billion in charitable contributions. Warren Buffett led the charge, donating $541.5 million to the Susan Thompson Buffett Foundation. James Simons and Ross Brown followed suit with $500 million and $400 million pledges, impacting education and scientific research. Notably, Phil Knight and Daniel Gilbert contributed $400 million and $375 million respectively to uplift communities and advance healthcare. These extraordinary acts spotlight a year of remarkable generosity, shaping a brighter tomorrow.

    Billionaire Warren Buffett says he will have a ‘simple’ & public will

    Warren Buffett, the world's ninth-richest person with a net worth of $120.8 billion, announced in a Thanksgiving letter that the disposition of his fortune to charitable causes after his death will be open to public scrutiny.

    Warren Buffet donates Berkshire Hathaway shares to children's foundations at Thanksgiving

    "My children, along with their father, have a common belief that dynastic wealth, though both legal and common in much of the world including the United States, is not desirable," Buffett said in the statement, adding that after his death, his children would act as trustees of a charitable trust that would inherit 99 per cent of his wealth.

    The Economic Times
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