Warren Buffett gives away another $4.1 billion, resigns as trustee at Gates Foundation

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Warren Buffett gives away another $4.1 billion, resigns as trustee at Gates Foundation

CNBC2021-06-24

Warren Buffett said Wednesday he will donate $4.1 billion worth of Berkshire Hathaway shares to five foundations, and that he will resign as the trustee at the Bill & Melinda Gates Foundation. This ...

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SPOT_ON
·2021-06-24
Hpht - hutchison port dishing out dividend real soon... yield approx 8%
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1
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Renalau
·2021-06-24
Nice
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xCoCx
·2021-06-24
Nice
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Salibee
·2021-06-24
This is some worthy news son. Watch the stocks of anything related.
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2
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Chuat
·2021-06-24
Sick
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NoobZai
·2021-06-24
nice
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2
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LY1970
·2021-06-24
Great job
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1
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- LY1970:
  Good
  2021-06-24
  Reply
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Alexius
·2021-06-24
Comment and like
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3
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- ZEROHERO:
  Done
  2021-06-24
  Reply
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moonlightbae
·2021-06-24
ayo Warren my man gimme some money pls thx
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yS
·2021-06-24
??????
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4
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Mechanicss00
·2021-06-24
Woah, Buffet is quit means the incident may be more complex than we think
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KH321
·2021-06-24
Respect.
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EriViL
·2021-06-24
Really?
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PJoo
·2021-06-24
Very generous. We need more Warren Buffett in Asia.
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Pucca
·2021-06-24
Nice[Happy]
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- EriViL:
  Good
  2021-06-24
  Reply
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Ericlam
·2021-06-24
Good deed
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- Ericlam:
  Nice
  2021-06-25
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- Angsana:
  ha
  2021-06-24
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Jasonlim
·2021-06-24
Amazing grace
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- Ericlam:
  Nice
  2021-06-24
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Amberton
·2021-06-24
Nice
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- Ericlam:
  Nice
  2021-06-24
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Ixineee
·2021-06-24
Good!
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Razak
·2021-06-24
Ermmm...
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- Foreverhuat:
  Not bad
  2021-06-24
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Buffett Foundation and NoVo Foundation. Back then, Buffett owned 474,998 Berkshire A shares. Today, he said he owns 238,624 shares, worth about $100 billion.\n“Today is a milestone for me,” Buffett said in a statement. “In 2006, I pledged to distribute all of my Berkshire Hathaway shares — more than 99% of my net worth — to philanthropy. With today’s $4.1 billion distribution, I’m halfway there.”\nBuffett’s resignation as Gates Foundation trustee comes as the charitable organization faces a tumultuous time with the divorce of its two founders.\n“For years I have been a trustee — an inactive trustee at that — of only one recipient of my funds, the Bill and Melinda Gates Foundation (BMG). I am now resigning from that post, just as I have done at all corporate boards other than Berkshire’s,” Buffett said. “The CEO of BMG is Mark Suzman, an outstanding recent selection who has my full support. My goals are 100% in sync with those of the foundation, and my physical participation is in no way needed to achieve these goals.”\nBill Gates, co-founder and former CEO of Microsoft, and his wife, Melinda French Gates,announced their divorce in May.The couple along with Buffett were creators of the Giving Pledge, a program that requires participants to give away more than half of their wealth.\nBuffett said his 16 annual contributions to the five foundations over the years were worth $41 billion when disbursed. Buffett is Berkshire’s largest shareholder, owning about 39% of the Class A shares, according to FactSet.\nBerkshire A shares have rebounded more than 20% to hit a record high in 2021 as many of the conglomerate’s business recovered better than expected from the pandemic hit.\n“I’m optimistic. Though naysayers abound — as they have throughout my life — America’s best days most certainly lie ahead,” Buffett said. “Philanthropy will continue to pair human talent with financial resources. So, too, will business and government. Each force has its particular strengths and weaknesses. Combined, they will make the world a better place — a much better place — for future generations.”","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":128373194,"gmtCreate":1624503520118,"gmtModify":1703838616265,"author":{"id":"3582922989777578","authorId":"3582922989777578","name":"SPOT_ON","avatar":"https://static.tigerbbs.com/080f029371339d9db26930961de6adb1","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1,"idStr":"3582922989777578","authorIdStr":"3582922989777578"},"htmlText":"Hpht - hutchison port dishing out dividend real soon... yield approx 8%","listText":"Hpht - hutchison port dishing out dividend real soon... yield approx 8%","text":"Hpht - hutchison port dishing out dividend real soon... yield approx 8%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128373194","repostId":1124226438,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":128942595,"gmtCreate":1624499577617,"gmtModify":1703838467876,"author":{"id":"3573785361160771","authorId":"3573785361160771","name":"Renalau","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573785361160771","authorIdStr":"3573785361160771"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128942595","repostId":1124226438,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":128924553,"gmtCreate":1624498878872,"gmtModify":1703838439498,"author":{"id":"3581644254750981","authorId":"3581644254750981","name":"xCoCx","avatar":"https://static.tigerbbs.com/f86084cef71334b5032458f0085d143e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581644254750981","authorIdStr":"3581644254750981"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128924553","repostId":1124226438,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":128937423,"gmtCreate":1624497713862,"gmtModify":1703838384215,"author":{"id":"3578610877384773","authorId":"3578610877384773","name":"Salibee","avatar":"https://static.tigerbbs.com/4171df5071ff91dad108e551fca14644","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3578610877384773","authorIdStr":"3578610877384773"},"htmlText":"This is some worthy news son. Watch the stocks of anything related.","listText":"This is some worthy news son. Watch the stocks of anything related.","text":"This is some worthy news son. Watch the stocks of anything related.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128937423","repostId":1124226438,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":128901220,"gmtCreate":1624497011060,"gmtModify":1703838346496,"author":{"id":"3565240145542356","authorId":"3565240145542356","name":"Chuat","avatar":"https://static.tigerbbs.com/4841dccdc4d6bf00620a5581e3d49e0b","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3565240145542356","authorIdStr":"3565240145542356"},"htmlText":"Sick","listText":"Sick","text":"Sick","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128901220","repostId":1124226438,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":128071981,"gmtCreate":1624496679643,"gmtModify":1703838330927,"author":{"id":"3586381108588721","authorId":"3586381108588721","name":"NoobZai","avatar":"https://static.tigerbbs.com/11efd284456355c2f5498832e54042ff","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3586381108588721","authorIdStr":"3586381108588721"},"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128071981","repostId":1124226438,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":128058473,"gmtCreate":1624496127492,"gmtModify":1703838303812,"author":{"id":"3581643786644012","authorId":"3581643786644012","name":"LY1970","avatar":"https://static.tigerbbs.com/99deb9932439b87c6072806b53ff4f0b","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581643786644012","authorIdStr":"3581643786644012"},"htmlText":"Great job","listText":"Great job","text":"Great job","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/128058473","repostId":1124226438,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4985574,"gmtCreate":1624496190947,"gmtModify":1663229868854,"authorId":3581643786644012,"author":{"id":3581643786644012,"idStr":"3581643786644012","authorId":3581643786644012,"name":"LY1970","avatar":"https://static.tigerbbs.com/99deb9932439b87c6072806b53ff4f0b","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":128058473,"type":1,"supId":0,"prevId":0,"content":"Good","text":"Good","html":"Good"}],"langContent":"EN"},{"id":128058827,"gmtCreate":1624496117969,"gmtModify":1703838303328,"author":{"id":"3583656011821719","authorId":"3583656011821719","name":"Alexius","avatar":"https://static.tigerbbs.com/7dae2ddde5e1900d5a4b078d25b4f313","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583656011821719","authorIdStr":"3583656011821719"},"htmlText":"Comment and like&nbsp;","listText":"Comment and like&nbsp;","text":"Comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/128058827","repostId":1124226438,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4987398,"gmtCreate":1624501185001,"gmtModify":1663229872933,"authorId":3566532164444643,"author":{"id":3566532164444643,"idStr":"3566532164444643","authorId":3566532164444643,"name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 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Warren my man gimme some money pls thx","listText":"ayo Warren my man gimme some money pls thx","text":"ayo Warren my man gimme some money pls 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