In an exclusive interview with the Wall Street Journal, Buffett disclosed that his will has been updated to cease donations to the Bill & Melinda Gates Foundation upon his death. Also Read | PM Modi speaks to team India after T20 World Cup victory"The Gates Foundation has no money coming after my death," Buffett stated, as quoted in the report. Historically, Buffett had pledged that more than 99% of his estate would support the Bill & Melinda Gates Foundation and four family-related charities: the Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation, and NoVo Foundation. Despite the changes in his will, Buffett continues to donate to the Gates Foundation during his lifetime. Of these, approximately 9.3 million shares will go to the Bill & Melinda Gates Foundation Trust, with the remainder allocated to the four Buffett family charities.

Source: Mint June 30, 2024 15:25 UTC