Buffett Gave $21.6M To Charities, People In 2012

Billionaire Warren Buffett gave Berkshire Hathaway stock worth $21.6 million away in the second half of 2012.

Buffett revealed the donations Monday. Buffett, who is Berkshire's chairman and CEO, made donations of Class B shares to four unnamed charities and three individuals between September and December.

The biggest single gift reported Monday was 172,375 shares worth $16.6 million given to a nonprofit.

These gifts are in addition to the 22.4 million Class B Berkshire shares Buffett gave to the Bill & Melinda Gates Foundation and the four Buffett family foundations that are slated to eventually distribute most of Buffett's fortune.

Buffett has said he plans to eventually donate all of his 350,000 Class A and 3.5 million Class B shares of Berkshire stock worth more than $51 billion to charities.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WOWT NBC Omaha 3501 Farnam Street Omaha, NE 68131 (402) 346-6666 sixonline@wowt.com
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 189747001 - wowt.com/a?a=189747001