Warren Buffett donates another US$1 billion and has estate-planning advice for everyone

(Image: Getty)

Thu, 28 Nov 2024

By Karen LangleyAt age 94, Warren Buffett is reflecting on life, wealth and mortality.The legendary investor’s company, Berkshire Hathaway, said Monday that Buffett will again give a portion of his Berkshire shares, in this case, worth about US$1.15 billion (NZ$1.9b), to four family foundations. The donations leave him holding 206,363 Class A shares worth about US$148b.As he did last November, Buffett is converting 1,600 Class A shares into 2.4 million Class B shares, which hold less voting rights, before donating them to the Susan T...

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