Buffett Donates $1B Before Thanksgiving! How Do You View?
The 94-year-old investment legend Warren Buffett made another significant donation ahead of Thanksgiving. $Berkshire Hathaway(BRK.B)$
On Monday, Berkshire Hathaway announced that its chairman, Buffett, made a "Thanksgiving donation" valued at approximately $1.14 billion.
Since pledging in 2006 to give away most of his wealth, Buffett has donated 56.6% of his Berkshire holdings.
Currently, Buffett still owns about 37.6% of Berkshire's Class A shares. According to Forbes, Buffett's net worth stands at $150 billion, making him the sixth richest person in the world.
Do you agree with Buffett's philosophy on teaching children about money?
Buffett emphasized how wealthy families should approach “giving money to children”: children should be left with enough wealth to do something significant but not so much that they end up doing nothing at all.
Buffett revealed that after his wife Susan passed away in 2004, her estate, valued at around $3 billion, saw 96% donated to their joint foundation, with an additional $10 million given to each of their three children. This was also the first time his children received a significant gift from their parents.
Upon his death, Buffett’s three children will be fully responsible for gradually distributing all his remaining Berkshire shares, which currently account for 99.5% of his total wealth.
Finally, Buffett expressed pride and gratitude toward his three children, praising them for spending more time directly helping others than he ever did.
As ordinary people, we may not be able to donate vast fortunes like Buffett, but we can still lend a helping hand in our daily lives.
Have you ever had an experience of helping others or being helped by someone?
If you had money as much as Buffett, would you donate money to strangers?
How much wealth would you leave to your children?
Do you spend time or money to help others?
Leave your comments and join the discussion to win tiger coins~ $Tiger Brokers(TIGR)$
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Have you ever had an experience of helping others or being helped by someone?
If you had money as much as Buffett, would you donate money to strangers?
How much wealth would you leave to your children?
Do you spend time or money to help others?
目前，巴菲特仍持有伯克希爾約37.6%的A類股。據《福布斯》報道，巴菲特的淨資產爲1500億美元，是全球第六大富豪。
在他去世後，巴菲特的三個孩子將全權負責逐步分配他所有剩餘的伯克希爾股份，這些股份目前佔他總財富的99.5%。
最後，巴菲特對自己的三個孩子表示自豪和感激，稱讚他們花更多的時間直接幫助別人。
I agree with his logic to leave only sufficient wealth to my children for them to work with and not too much that they don’t do anything at all.
I’ve experienced both giving and receiving help in life. There have been times when others supported me, and I’ve also tried to offer my time, resources, or advice when I can.
If I had wealth like Buffett’s, I would donate to strangers, especially those in need or working toward causes I care about. I believe smaller contributions can still make a meaningful impact.
As for leaving wealth to my children, I’d follow Buffett’s approach—giving them enough to succeed but not so much that they lose motivation. Wealth should be a tool for growth, not a crutch.
I do my best to spend both time and money helping others. Even small acts of kindness can make a difference, whether through donations, volunteering, or simply offering support when needed. [love you]
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