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Warren Buffett plans to donate entire Berkshire Hathaway stake by 2034

Warren Buffett plans to donate his entire Berkshire Hathaway stake within eight years. He hopes his children will complete the share disposal by December 31, 2034. Buffett converted 8,000 Class A shares into 12 million Class B shares for donation. Four charitable foundations will receive these shares, with the Susan Thompson Buffett Foundation receiving the largest portion. Greg Abel has already taken over as Berkshire Hathaway's CEO this year.

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Economic TimesLean R·4h ago
Warren Buffett plans to donate entire Berkshire Hathaway stake by 2034
Warren Buffett plans to donate his entire Berkshire Hathaway stake within eight years. He hopes his children will complete the share disposal by December 31, 2034. Buffett converted 8,000 Class A shares into 12 million Class B shares for donation. Four charitable foundations will receive these shares, with the Susan Thompson Buffett Foundation receiving the largest portion. Greg Abel has already taken over as Berkshire Hathaway's CEO this year.
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Warren Buffett plans to donate entire Berkshire Hathaway stake by 2034

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Warren Buffett plans to donate entire Berkshire Hathaway stake by 2034

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