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Warren Buffett Gifts $1.5B in Stock to Children's Foundations

Published 22 March 2026

Warren Buffett, the legendary investor and philanthropist, announced plans to accelerate the distribution of his vast fortune through his children's charitable foundations, marking a shift from earlier grand-scale ambitions as he reflects on his long career at age 95.

In a letter to Berkshire Hathaway shareholders released in November 2025, Buffett detailed gifts totaling more than $1.5 billion in stock from his holdings in the company. These include $750 million to the Susan Thompson Buffett Foundation, established by his late wife and focused on providing scholarships to Nebraska college students. Each of his three children will receive $250 million in stock for their respective organizations: the Sherwood Foundation, led by daughter Susie and aimed at improving life in Nebraska; the Howard G. Buffett Foundation, which addresses food security, conflict resolution, and human trafficking; and the NoVo Foundation, run by son Peter to support historically marginalized communities. Buffett, whose net worth stands at approximately $144 billion according to Bloomberg's Billionaires Index, emphasized that his children, now in their late 60s and early 70s, possess the experience and...

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