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Billionaire Warren Buffett, chairman and CEO of Berkshire Hathaway, donated 50 Class A shares of Berkshire Hathaway stock worth $27 million to an unnamed charity. The donation was made on August 15th, when the shares closed at about $538,107.
This donation is in addition to Buffett’s annual gifts to the Bill & Melinda Gates Foundation and four smaller foundations run by his family that he has been making since 2006. They have received more than $51 billion from Buffett since 2006.
Buffett’s net worth is $118 billion, and he still owns 218,237 Class A shares of Berkshire, for an approximately 15% stake in Berkshire Hathaway.
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