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Warren Buffett Set a New Goal: Give Away All of His $140 Billion Berkshire Stake by 2034

The Motley Fool·
Warren Buffett Set a New Goal: Give Away All of His $140 Billion Berkshire Stake by 2034

Warren Buffett announced plans to donate his entire $140 billion fortune to charity by December 31, 2034, accelerating his philanthropic efforts. This week, he converted 8,000 Berkshire Hathaway Class A shares into 12 million Class B shares to donate to four foundations tied to his family, with approximately $17 billion per year in grants required to meet the 2034 deadline. The donations will be distributed gradually over eight years to minimize stock price volatility.

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