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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: hclasvegas   😊 😞
Number: of 15061 
Subject: Re: The New Charity After Death
Date: 06/28/2024 8:59 PM
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“ Buffett confirms he has cut the Gates Foundation from his will
Warren Buffett is leaving no room for doubt.

"The Gates Foundation has no money coming after my death," he told The Wall Street Journal in an interview for a story published today.

That was the strong implication of a news release last November in which he told shareholders his three children were "the named trustees of the charitable trust that will receive 99%-plus of my wealth," according to the provisions of his then-current will.

Howard, Susie, and Peter Buffett, who each have their own foundations, would have to "act unanimously" as they administered that trust, a requirement that he repeated to the Journal.

In a news release today, Buffett says it is "unlikely" there will be more changes to his will before he dies.“
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