Quantcast
Get breaking news alerts via email

Click here to manage your alerts
FILE - In this file photo from May 1, 2013, billionaire investor Warren Buffett applauds during a seminar in Omaha, Neb. (AP Photo/Nati Harnik, file)
Warren Buffett donates $2.8 billion in stocks to charities
First Published Jul 15 2014 03:29 pm • Last Updated Jul 15 2014 03:36 pm

Omaha, Neb. • Warren Buffett has given several charities Berkshire Hathaway stock worth more than $2.8 billion as part of his plan to give away his fortune gradually through annual gifts.

The chairman and CEO of Berkshire, which owns furniture giant RC Willey, announced the gifts Tuesday in filings with the Securities and Exchange Commission.

Join the Discussion
Post a Comment

In accordance with Buffett’s giving plan, the Bill and Melinda Gates Foundation received the biggest gift worth more than $2.1 billion.

Buffett also gave nearly 1.7 million Class B Berkshire shares to his own foundation and 1.16 million shares to each of his three children’s foundations.

Buffett also made smaller gifts to several unnamed charities.

Buffett has been giving away Berkshire stock since 2006, but he still controls roughly 34 percent of the voting power because his 321,000 Class A shares carry more voting rights.




Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Reader Comments Read All Comments Post a Comment
Click here to read all comments   Click here to post a comment


About Reader Comments


Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Staying Connected
Videos
Jobs
Contests and Promotions
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Access your e-Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.