This content is from: Corner Office

Gates Foundation Gets $1.5B From Buffett

The Bill & Melinda Gates Foundation has received a $1.5 billion donation from Warren Buffett.

The Bill & Melinda Gates Foundation has received a $1.5 billion donation from Warren Buffett, Reuters reports. The investor donated 19.34 million Class B shares of his insurance and investment firm Berkshire Hathaway to the foundation.

Buffett has so far donated a total of 132.45 million Berkshire Class B shares to the trust, worth $10.3 billion, adds RTT News. He also donates smaller sums to four family charities, including the Susan Thompson Buffett Foundation.

Click here for the story from Reuters.

Click here for additional coverage from RTT News.

Related Content