By Jonathan Stempel(Reuters) -Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, has made further preparations for giving away his fortune after his death. "I've never wished to create a dynasty or pursue any plan that extended beyond the children," Buffett wrote. Buffett on Monday also donated about $1.14 billion of Berkshire stock, the equivalent of 1,600 Class A shares, to four family foundations. Susie Buffett leads the Susan Thompson Buffett Foundation, which funds reproductive health and is named for Buffett's first wife, and the Sherwood Foundation, which supports Nebraska nonprofits and early childhood education. Howard Buffett heads the Howard G. Buffett Foundation, which works to address global hunger, combat human trafficking and mitigate conflicts.

Source: Forbes November 25, 2024 14:05 UTC