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Wednesday, October 16, 2024
CEOWORLD magazine - Latest - Money and Wealth - Billionaire Warren Buffett Donates $27 Million Worth Of Berkshire Hathaway Stock To Charity.

Money and Wealth

Billionaire Warren Buffett Donates $27 Million Worth Of Berkshire Hathaway Stock To Charity.

Billionaire Warren Buffett, chairman and CEO of Berkshire Hathaway, donated 50 Class A shares of Berkshire Hathaway stock worth $27 million to an unnamed charity. The donation was made on August 15th, when the shares closed at about $538,107.

This donation is in addition to Buffett’s annual gifts to the Bill & Melinda Gates Foundation and four smaller foundations run by his family that he has been making since 2006. They have received more than $51 billion from Buffett since 2006.

Buffett’s net worth is $118 billion, and he still owns 218,237 Class A shares of Berkshire, for an approximately 15% stake in Berkshire Hathaway.


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CEOWORLD magazine - Latest - Money and Wealth - Billionaire Warren Buffett Donates $27 Million Worth Of Berkshire Hathaway Stock To Charity.
Ryan Miller
Ryan Miller is a Senior Economist and Alternate Executive Editor at CEOWORLD magazine. He specializes in global finance, labor laws, international banking, public financial management, fiscal policy, and applied microeconomics. In his current role, he oversees the production of special reports, profiles, and lists for the magazine. Prior to this, he was an Advisor to the Editor-in-Chief for one year. Before that, he served as the lead economist for Central America (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama), Europe, and Central Asia in the magazine's news division. Ryan has extensive experience in economic forecasting, surveillance, and providing economic policy advice.


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