Investor Warren Buffett has donated another $1.5 billion to the Bill & Melinda Gates Foundation, part of his plan that began in 2006 to donate 99 percent of his wealth. According to a filing with the Securities and Exchange Commission, Buffett donated on Thursday 19.34 million Class B shares of his insurance and investment company [...]
Billionaire Warren Buffett has donated $1.93 billion to five charitable foundations, including $1.6 billion to the Bill & Melinda Gates Foundation, which combats global hunger and funds U.S. education initiatives. Buffett, 79, is giving away a personal fortune – estimated at $47 billion by Forbes magazine. Buffett gave another $330 million to four other charities. [...]
The Bill & Melinda Gates Foundation pledged $1.5 billion on Monday in a joint push with the United Nations to improve the health of women and children, while launching a lobbying effort to get governments and other non-profit groups on board. Here’s the official release we received from the Gates Foundation:
WASHINGTON, D.C. — Melinda Gates [...]