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Bravo Buffett! He's giving away $37 billion

The amazing relationship between the No. 1 and No. 2 wealthiest men in the world has led Warren Buffett to change his mind.

For years, he resisted giving away his vast fortune until his death. But today he announced that he would start giving it away now. Here's how:

  • The Melinda and Bill Gates Foundation will receive 10 million Berkshire Hathaway B shares;
  • The Susan Thompson Buffett Foundation, named after his late wife, will get a million B shares; and
  • Each of his three children's foundations will received 350,000 B shares.

 

Continue reading Bravo Buffett! He's giving away $37 billion

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Last updated: May 25, 2012: 04:37 AM

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