Berkshire Hathaway Inc

NYSE:BRK.BUnited States

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• DJ Gates Foundation Faces a Big Drop in Donations After Warren Buffett's Death -- Barrons.com, from 1 hour ago by Dow Jones

  1 hour ago by Dow Jones
  Companies Mentioned: BRK.A, BRK.B
  
  Andrew Bary
  
  Bill Gates may have to step up giving to his foundation if he wants to offset an end to donations from Warren Buffett when the Berkshire Hathaway CEO dies.
  
  

• Berkshire Hathaway CEO Warren Buffett Donates 13,008,758 B Shares to Foundations, from 6 hours ago by MT Newswires

  6 hours ago by MT Newswires
  Companies Mentioned: BRK.A, BRK.B
  08:34 AM EDT, 06/28/2024 (MT Newswires) -- Berkshire Hathaway (BRK.A, BRK.B) said Friday that Chief Executive Warren Buffett donated 13,008,758 shares of the company's B stock to five foundations. The Bill & Melinda Gates Foundation Trust will recei...

• DJ Warren Buffet Donates Billions In Stock To Charities -- MarketWatch, from 7 hours ago by Dow Jones

  7 hours ago by Dow Jones
  Companies Mentioned: BRK.A, BRK.B
  
  Billionaire Warren E. Buffett, 93, said Friday he will convert 8,674 shares of Berkshire Hathaway's A shares (BRK.A) into 13.01 million B shares (BRK.B) with a value of $5.3 billion based on Thursday's closing price of $407.95 a share to five charitable foundations. Bill & Melinda Gates Foundation Trust will receive 9.93 million shares, the Susan Thompson Buffett Foundation is getting 993,035 shares, and the Sherwood Foundations, Howard G. Buffett Foundation and the NoVo Foundation will each receive 695,122 shares. In a statement, Buffett said his remaining A shares are worth about $127 billion, or about 99.5% of his net worth. The gifts stem from a schedule for annual grants that Buffett drew up in 2006. Since then, Buffett said he's neither bought nor sold any A or B shares "nor do I intend to do so." Buffett's will calls for more than 99% of his estate to be used for philanthropy. Berkshire Hathaway's B shares were up by 0.2% in premarket trades. Buffett turns 94 in August.
  

• *DJ Warren Buffett Talks About His Estate Planning in WSJ Interview -- WSJ, from 7 hours ago by Dow Jones

  7 hours ago by Dow Jones
  Companies Mentioned: BRK.A, BRK.B
  
  By Karen Langley
  
  Warren Buffett has refined his plans for giving away one of the great fortunes of the modern era.
  
  In an interview with The Wall Street Journal, Buffett -- the chairman and chief executive of Berkshire Hathaway -- said that after his death nearly all of his remaining wealth will go to a new charitable trust overseen by his daughter and two sons.
  

• Berkshire Hathaway Inc. News Release, from 7 hours ago by Dow Jones

  7 hours ago by Dow Jones
  Companies Mentioned: BRK.A, BRK.B
  OMAHA, Neb.--(BUSINESS WIRE)--June 28, 2024--
  (BRK.A; BRK.B) -- Today, Warren E. Buffett will convert 8,674 A shares into 13,011,000 B shares in order to donate 13,008,758 shares of Berkshire Hathaway "B" stock to five foundations: 9,930,357 to the Bill & Melinda Gates Foundation Trust, 993,035 shares to the Susan Thompson Buffett Foundation and 695,122 shares to each of the Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation. The donations will be delivered today.