- Infowars - http://www.infowars.com -

Buffett Makes $2 Billion Donation to Gates Foundation

Posted By Adan On July 8, 2013 @ 12:12 pm In Global Crisis,Old Infowars Posts Style,Tile | Comments Disabled

Kathleen Chaykowski
July 8, 2013

Warren Buffett, the billionaire investor whose fortune swelled this year with a surge in Berkshire Hathaway Inc. (BRK/A)’s share price, contributed about $2 billion in stock to the foundation created by Microsoft Corp. co-founder Bill Gates.

Buffett, Berkshire’s chairman and chief executive officer, donated about 17.5 million of his company’s Class B shares in his annual gift to the Bill and Melinda Gates Foundation, the Omaha, Nebraska-based firm said today in a statement. The stock has climbed 29 percent this year to $115.46 at 11:36 a.m. in New York.

Buffett is a trustee of the foundation and the world’s third-richest man with a net worth of about $61 billion, according to the Bloomberg Billionaires Index, a daily ranking of the wealthiest people. He has campaigned to promote charitable giving among the wealthy through the Giving Pledge initiative.

Read full article

Article printed from Infowars: http://www.infowars.com

URL to article: http://www.infowars.com/buffett-makes-2-billion-donation-to-gates-foundation/

Copyright © 2015 Infowars. All rights reserved.