Warren Buffett Donates US$31B to Bill & Melinda Gates Foundation | Philanthropic Gift 2006 Donation



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Warren Buffett, billionaire investor and founder of Berkshire Hathaway announced he is donating much of his fortune to charity. Over time, most of Buffett’s $44 billion in stock holdings will be given to the Bill and Melinda Gates Foundation.

Warren Buffett signed papers that give $31 billion of his fortune by way of Berkshire Hathaway shares to fund the Gates Foundation’s work to fight infectious diseases and reform education. Apart from the major gift to the Gates Foundation, Warren Buffett is splitting $6 billion among four other charities started by his family members. And the foundations support environmental causes, abortion rights, helping low-income children and human rights.

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