Buffett bids for history
A foundation controlled by the son of billionaire investor Warren Buffett has paid $4.5 million (R48 million) for hundreds of artefacts belonging to civil rights pioneer Rosa Parks, says a lawyer for Parks’ heirs.
The artefacts, which include Parks’ Presidential Medal of Freedom and a postcard signed by Martin Luther King, Jr, were bought by the Howard G Buffett Foundation on August 20, said Detroit attorney Lawrence Pepper.
Personal papers, notes, letters from presidents and various awards and honorary doctorates were also among the articles, he said.
Buffett is not interested in the collection for himself, but wants to find an appropriate home for it.