Buffett donates over $750 million to his family charities

Published November 23, 2022 3:00 PM

By JOSH FUNK
AP Business Writer

OMAHA, Neb. (AP) — Billionaire investor Warren Buffett donated more than $750 million in Berkshire Hathaway stock to the four foundations run by his family Wednesday. Unlike Buffett’s planned annual gifts to charity each summer, the recipients didn’t include the Bill & Melinda Gates Foundation. Buffett has been making donations to the five charities every year since 2006, when he unveiled a plan to give away his fortune over time, with the Gates Foundation receiving the biggest donations. Wednesday’s donations mark the first time the 92-year-old has made a second major gift within the same year.

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