Warren Buffett is ‘halfway’ through giving away his massive fortune. Here’s why his kids will get almost none of his $100 billion

CNBC2021-06-24

Warren Buffett is now halfway toward his goal of giving away his massive fortune, but even though he still has $100 billion left to give, he's not planning on sharing it with his children. The ...

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Comments

Orangejus
2021-06-24
Orangejus
Good man!
Muffingal
2021-06-24
Muffingal
I look up to this man ?
Johnlzh
2021-06-24
Johnlzh
Oohh
Tigger777
2021-06-24
Tigger777
2 billion is more than enough for 3 generations
Nighttt
2021-06-24
Nighttt
[開心]
Beez1119
2021-06-24
Beez1119
[微笑]
- Beez1119:
  [微笑]

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Here’s why his kids will get almost none of his $100 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 13:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/23/why-warren-buffett-isnt-leaving-his-100-billion-dollar-fortune-to-his-kids.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett is now halfway toward his goal of giving away his massive fortune, but even though he still has $100 billion left to give, he's not planning on sharing it with his children.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/why-warren-buffett-isnt-leaving-his-100-billion-dollar-fortune-to-his-kids.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BRK.A","symbol_name":"伯克希尔","start_time":0,"source_url":"https://www.cnbc.com/2021/06/23/why-warren-buffett-isnt-leaving-his-100-billion-dollar-fortune-to-his-kids.html","article_id":"1115900977","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/06/23/why-warren-buffett-isnt-leaving-his-100-billion-dollar-fortune-to-his-kids.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1115900977","pubTimestamp":1624512939,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"Warren Buffett is now halfway toward his goal of giving away his massive fortune, but even though he","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BRK.A":"伯克希尔"},"translate_title":"沃伦·巴菲特（Warren Buffett）已经“中途”放弃了他的巨额财富。这就是为什么他的孩子们几乎得不到他的1000亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BRK.A":0.9},"content_text":"Warren Buffett is now halfway toward his goal of giving away his massive fortune, but even though he still has $100 billion left to give, he's not planning on sharing it with his children.\nThe investing legend on Wednesday reiterated hislong-held beliefthat his \"incomprehensible\" net worth would be better spent going toward philanthropic causes than into his kids' investment portfolios.\n\"After much observation of super-wealthy families, here's my recommendation: Leave the children enough so that they can do anything, but not enough that they can do nothing,\" he said in anote to shareholders, adding that his own adult children \"pursue philanthropic efforts that involve both money and time.\"\nThe 90-year-old says that he has observed that dynastic behavior — or the passing along of massive wealth from one generation of a family to another — is less common in the U.S. than in other countries, and that he believes its appeal will likely diminish.\nThat's not to say that Buffett's kids, now in their 60s, haven't received anything from their dad. 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Compound interest, a long runway, wonderful associates and our incredible country have simply worked their magic. Society has a use for my money; I don't.\"\nBuffett first announced his plan to give away the vast majority of his fortune in 2006, when he was 75 years old and owned 474,998 shares of Berkshire Hathaway. With Wednesday's announcement, the Oracle of Omaha said that he is \"halfway there.\"","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":126067109,"gmtCreate":1624538258901,"gmtModify":1703839708535,"author":{"id":"3586565070413371","authorId":"3586565070413371","name":"Orangejus","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Good man!","listText":"Good man!","text":"Good man!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126067109","repostId":1115900977,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":128235664,"gmtCreate":1624517756358,"gmtModify":1703839092989,"author":{"id":"3578526149260573","authorId":"3578526149260573","name":"Muffingal","avatar":"https://static.tigerbbs.com/8912d7c784a51214590f1c8369ef03de","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"I look up to this man ?","listText":"I look up to this man ?","text":"I look up to this man ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128235664","repostId":1115900977,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":128230552,"gmtCreate":1624517446476,"gmtModify":1703839083818,"author":{"id":"3586733234554239","authorId":"3586733234554239","name":"Johnlzh","avatar":"https://static.tigerbbs.com/2051baaa202937cd6513026908bc89e4","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Oohh","listText":"Oohh","text":"Oohh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128230552","repostId":1115900977,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":128296067,"gmtCreate":1624517103559,"gmtModify":1703839075954,"author":{"id":"3583019971396816","authorId":"3583019971396816","name":"Tigger777","avatar":"https://static.tigerbbs.com/53969c426622bc828bc9dda9aa263652","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"2 billion is more than enough for 3 generations&nbsp;","listText":"2 billion is more than enough for 3 generations&nbsp;","text":"2 billion is more than enough for 3 generations","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128296067","repostId":1115900977,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":128204535,"gmtCreate":1624516735327,"gmtModify":1703839067360,"author":{"id":"3585088091412485","authorId":"3585088091412485","name":"Nighttt","avatar":"https://static.tigerbbs.com/3663b0052922ebacbdffecfeae15d53d","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[開心]&nbsp;","listText":"[開心]&nbsp;","text":"[開心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128204535","repostId":1115900977,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":128205405,"gmtCreate":1624516667507,"gmtModify":1703839068494,"author":{"id":"3583137486888657","authorId":"3583137486888657","name":"Beez1119","avatar":"https://static.tigerbbs.com/1aafeacbd9a67c571d55825018c7d98a","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/128205405","repostId":1115900977,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4991316,"gmtCreate":1624516701076,"gmtModify":1663229896130,"authorId":3583137486888657,"author":{"id":3583137486888657,"authorId":3583137486888657,"name":"Beez1119","avatar":"https://static.tigerbbs.com/1aafeacbd9a67c571d55825018c7d98a","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":128205405,"type":1,"supId":0,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":83,"commentSize":35,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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