OriginalSourceCnbcLeanUnratedCredibilityUnratedPublished17:33 UTCSourceCnbcLeanUnratedCredibilityUnratedPublished17:33 UTC
“Warren Buffett is speeding up the pace of his annual donations of Berkshire Hathaway ... - CNBC Help Center - link.cnbc.com”
Buffett accelerates Berkshire donations to four foundations to about $6B.
Key points
- Buffett plans to dispose of all Berkshire shares within about eight years.
- The donations total almost $6 billion to four family foundations now.
- Gates Foundation is excluded from Buffett's future Berkshire gifts.
- Current annual gifts may total at least $17 billion, doubling last year's $7 billion.
- The transfers involve Susan Thompson Buffett Foundation and three family foundations.
How it got here
Cnbc publishes the article.
concise reads it.