No. of Recommendations: 25
So Mr Buffett has given away more than half of his A shares. Otherwise he would top the net worth list.
Yup. About $244.4bn, presumably bumping M. Arnault to second place.
Interesting that neither of them is a tech bro.
The shares given away now have a market value of $129.9bn. That tranche alone is bigger than all but the biggest 36 US companies.
The foundations have of course been selling the shares, but imagine they have had some benefit beyond the aggregate $50bn market value at date of receipt.
The subject caused me to go back and re-read the 2006 annual report, in which the donation plan was discussed.
What struck me the most was how much I miss the old days of having a chairman's letter that discusses multiple operating units in detail.
14000 words then, 3500 now. Dagnabbit.
He also mentioned in passing that he then had a life expectancy of about 12 years, so he's doing pretty well (as are we), already past that by five years and still showing up for work.
Jim
