By Staff Reporters
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One of the most philanthropic billionaires of all time is Berkshire Hathaway CEO Warren Buffett. The CEO recently made his annual gift to the Gates Foundation. Here’s what Bill Gates had to say of the gift and how much Buffett has donated to the foundation over the years.
On June 14, Buffett made donations of Berkshire Hathaway shares to several organizations. Buffett converted 9,608 Class A shares of Berkshire Hathaway into 14,412,000 Class B shares. The CEO then donated 11,003,166 Class B shares to the Bill & Melinda Gates Foundation, 1,100,316 to the Susan Thompson Buffett Foundation, and 770,218 shares each to the Sherwood Foundation, Howard G. Buffett Foundation and the NoVo Foundation.
After the donations, Buffett owns 229,016 Class A shares and 276 Class B shares of Berkshire Hathaway.
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