World’s fourth wealthiest man Warren Buffet has decided to donate more than $3.6 to charity. Warren Buffet, who is famous for his investment knowledge, has earned a massive amount of wealth and he is reportedly has a net worth of more than $87 billion. However, he has decided to donate $3.6 billion to five charities, including one which is currently managed by Bill Gates and his wife, Melinda Gates. The amount which Buffett giving up is going to be donated to more than five charities three of out of which are managed by Buffett’s family members.
Warren Buffett is famous for his philanthropic work because he has continuously been decided to donate a considerable amount of his wealth to charities for the betterment of society. He runs the charity in the name of his late wife Susan Buffett, and there are some more which are managed by these children. He currently converting Berhsiire Hathway’s class A shares into Class B. Class A shares of the company offers more voting rights and one share of Berkshire Hathaway worth more than $321000.
Now since Buffett is converting some of these shares into Class B, he wants to donate some of them to five different charities, namely Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation, and NoVo Foundation. Last year legendary investor gave more than $3.4 billion to the same charities, and now he has done that again this year also. Buffett has taken a pledge that he is going to donate the majority of his wealth to charity for the betterment of society. Warren Buffett is known as Oracle of Omaha for his vast knowledge in the world of investment. He has earned billions of dollars so far, and he is continuously giving up the majority of his wealth to poor and needy people with the help of different charities.