Warren Buffett is donating approximately $6 billion worth of Berkshire Hathaway shares as part of his billionaire-investor pledge to give away most of his fortune.
The latest round of donations includes about 12.36 million Class B shares of Berkshire, the company said in a release on Saturday. Buffet’s net worth as of Friday was $152 billion, according to the Bloomberg Billionaires Index.
Roughly 9.43 million of the shares will go to the Bill & Melinda Gates Foundation Trust, founded by Microsoft co-founder Bill Gates and his ex-wife Melinda French Gates, which Buffett has supported for nearly two decades.
The remaining shares will be split among his children’s foundations—the Sherwood Foundation, the Howard G. Buffett Foundation, the NoVo Foundation—as well as the Susan Thompson Buffett Foundation, named after his late wife….