"Warren Buffett donates $6 billion: Gives 16 million shares to Gates Foundation and his children; 5.13 lakh crores of generosity in two decades"
Warren Buffett donates record ₹51,300 crore
Key points:
94-year-old Warren Buffett donated $6 billion (≈₹51,300 crore) of Berkshire Hathaway shares to the Gates Foundation and four of his own charities.
9.43 million shares to the Gates Foundation, while 19.81 lakh shares (≈6.6 lakh shares each) to his three children's trusts.
His total donation since 2006 has reached $60 billion (≈₹5.13 lakh crore).
Will plan:
Buffett updated his will in 2023, announcing that he would give 99.5% of his assets to charitable trusts.
His three children (Susie 71, Howard 70, Peter 67) will distribute the fund over 10 years and prepare a spending plan.
Investment in Apple:
In 2023, Berkshire sold 50% of Apple shares, bringing the company's cash stock to $276.9B (₹23.20 lakh crore).
As of Q2 2024, Apple had shares worth $84.2B (≈₹7.05 lakh crore).
Buffett's current stake:
He still owns 13.8% of Berkshire shares. He has led the company since 1965.
The donation is part of Buffett's "Giving Pledge", in which he promises to donate most of his wealth over his lifetime.
Article published | Sat | 28 Jun 2025 | 8:49 PM