Philanthropist’s latest contribution benefits five foundations, reinforcing his long-standing pledge to give away his fortune.
New York, N.Y. — Warren Buffett, the legendary investor and chair of Berkshire Hathaway, has donated another $6 billion in company stock to five foundations, bringing his lifetime giving to more than $60 billion.
The 93-year-old billionaire remains steadfast in his commitment to philanthropy, following through on his pledge to distribute nearly all of his wealth.
Buffett’s Billion-Dollar Generosity Continues
According to a Fox Business report, the latest donation was made in shares of Berkshire Hathaway Class B stock, split among the Bill & Melinda Gates Foundation, the Susan Thompson Buffett Foundation (named after his late wife), and three other charities run by his children.
A Lifetime of Strategic Giving
Buffett’s approach to philanthropy has been methodical. In 2006, he pledged to gradually give away 99% of his fortune, primarily through the Gates Foundation, the world’s largest private charitable organization. His latest donation aligns with that vision, reinforcing his belief that wealth should serve humanity rather than accumulate indefinitely.
“I couldn’t be happier with my decision to partner with the Gates Foundation,” Buffett said in a statement. “They’ve done remarkable work, and I’m confident these resources will continue making a difference.”
The Foundations Receiving the Funds
The five beneficiaries of Buffett’s latest donation are:
- Bill & Melinda Gates Foundation (primary recipient)
- Susan Thompson Buffett Foundation (focusing on education and reproductive health)
- Sherwood Foundation (run by daughter Susan Buffett)
- Howard G. Buffett Foundation (led by son Howard Buffett)
- NoVo Foundation (overseen by son Peter Buffett)
Each foundation addresses critical global issues, from poverty alleviation to medical research. The Gates Foundation, in particular, has been instrumental in combating infectious diseases and improving education worldwide.
The Impact of Buffett’s Philanthropy
Buffett’s donations have already transformed countless lives. The Gates Foundation, for instance, has used his contributions to fund vaccine development, eradicate polio in multiple countries, and support agricultural advancements in Africa. Meanwhile, the Susan Thompson Buffett Foundation has provided scholarships to thousands of low-income students.
“Warren’s generosity is unparalleled,” said Melinda French Gates, co-chair of the Gates Foundation. “His contributions allow us to tackle challenges that governments alone cannot solve.”
A Humble Billionaire’s Legacy
Despite his immense wealth, Buffett is known for his frugal lifestyle, residing in the same Omaha home he bought in 1958. His philosophy—that extreme wealth should be redistributed for public good—has inspired other billionaires, including Bill Gates and MacKenzie Scott, to follow suit.
“I measure success by how many people love me, not by my bank account,” Buffett once remarked. His actions continue to reflect that belief.
What’s Next for Buffett’s Billions?
With Buffett now in his 90s, questions arise about the future of his remaining Berkshire Hathaway shares. However, he has assured stakeholders that his succession plan is solid, with Greg Abel poised to take over as CEO. His philanthropic mission, meanwhile, will persist through the foundations he supports.
Buffett Donates $6B in Stock, Lifetime Giving Exceeds $60B (June 28, 2025)
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