Warren Buffett announces $ 6 billion of donations for five institutions

New York (AP) – The famous investor Warren Buffett donates a value of $ 6 billion from his company’s shares to five institutions, with a submission The total he presented to them since 2006 To nearly 60 billion dollars, based on its value upon receipt.

Buffett late on Friday said that the shares of Hathawaya will be delivered on Monday. Berkshire Hathaway Geiico, Dairy Queen and a group of other companies owns, Buffett donates about 12.4 million of category B shares of their shares. These shares have a lower and easier price to digest the original Category A shares, and all of the shares of B at a value of $ 485.68 was in their latest closure on Friday.

The largest chip will go to Bill & Melinda Gates Foundation, which will receive 9.4 million shares. Susan Thompson Buffett Foundation will receive 943,384 shares, and will receive the Sherwood Foundation, the Howard G Pavite Foundation and Novo 660366 shares.

Pavite made waves a year ago when he said He plans to cut donations for Bill & Melinda Gates after his death And let his three children decide how to distribute the rest of his wealth.

Berkshire Hathaway has increased 19.1 % over the past 12 months, reaching the return of the stock market in the United States of 14.1 %, including profits. Pavite is famous at Wall Street to buy companies at good prices and being more conservative when the prices look very high. The deal of the deal hunting helped him to raise a wealth of about $ 145 billion, with all in the shares of Hathaway.

“Not anything unusual happened in Berkshire, which is a very long runway, simple and public decisions in general, produced the current American effects and current wealth,” Pavit said in a statement. “My will states that about 99 % of my real estate is intended for charitable use.”