Monday, July 17, 2017
Novo Foundation Receives Some of the Billions and Billions That Warren Buffett Is Giving Away
In 2006, Warren Buffett famously pledged to give away most of his Berkshire Hathaway stock, saying that the bulk of those holdings would go to the Bill and Melinda Gates Foundation and the rest to the four foundations controlled by his three children.
Since then, Buffett has given away 40 percent of the Berkshire Hathaway shares that he held in 2006, gifts worth about $27 billion. Buffett’s annual gifts to the five foundations, announced this week, were worth a record-breaking $3.17 billion. . .