Buf­fett gives away more of his bil­lions

Weekend Argus (Saturday Edition) - - LIFE -

NEW YORK: Bil­lion­aire War­ren Buf­fett has do­nated an­other $2.86 bil­lion (R41.02bn) of his hold­ings in Berk­shire Hath­away to the Bill & Melinda Gates Foun­da­tion and four fam­ily char­i­ties as part of his plan to give away nearly his en­tire for­tune.

Buf­fett’s 11th an­nual do­na­tion to the five char­i­ties com­prised 19.61 mil­lion Class “B” shares of Berk­shire and brought his to­tal con­tri­bu­tions to the char­i­ties to more than $24.3bn since 2006.

The Gates Foun­da­tion fo­cuses on im­prov­ing ed­u­ca­tion and health and re­duc­ing poverty.

Buf­fett, 85, re­mains the world’s third- rich­est per­son, ac­cord­ing to Forbes mag­a­zine.

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