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Search resuls for: "Peter Buffett"


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Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to five charities. After Friday's donations, Buffett owns 207,963 Berkshire A shares and 2,586 B shares, worth about $130 billion. He told the Journal that the Bill & Melinda Gates Foundation will no longer receive donations after his death. Buffett resigned as a trustee at the Gates Foundation in June 2021 in the midst of Bill and Melinda Gates' divorce.
Persons: Warren Buffett, Berkshire Hathaway, Melinda Gates, Susan Thompson Buffett, Howard, Susan, Peter Buffett, Buffett, haven't, we've, Charlie Munger, Greg Abel Organizations: Berkshire, Berkshire Class, Melinda Gates Foundation, Susan Thompson Buffett Foundation, Oracle, Wall Street Journal, Gates Foundation Locations: Omaha , Nebraska, Omaha, Berkshire, Douglas
Warren Buffett's vast fortune will go into a charitable trust when he dies, the billionaire told The Wall Street Journal. Susie Buffett chairs the education and social justice-oriented Sherwood Foundation, and the Susan Thompson Buffett Foundation, focused on reproductive rights. Howie Buffett heads the Howard G. Buffett Foundation, which is involved in food security and the mitigation of conflict and human trafficking. Since 2006, the 93-year-old billionaire has already been contributing to the four foundations run by his children, as well as to the Bill & Melinda Gates Foundation Trust. Until 2021, he served as a trustee of the Gates Foundation.
Persons: Warren, , Warren Buffett, Berkshire Hathaway, Susie, Howie, Peter Buffett, Susie Buffett, Susan Thompson Buffett, Howie Buffett, Howard G, I'm, Buffett, Melinda Gates Organizations: Wall Street, Gates, Service, Sherwood Foundation, Susan Thompson Buffett Foundation, Buffett Foundation, NoVo Foundation, Melinda Gates Foundation Trust, Gates Foundation, Berkshire Locations: Berkshire
Warren Buffett's daughter-in-law showed the investor her company's finances as a Christmas gift. "I put together our music company's balance sheet to show him that we were making money," she said. "I didn't know what to get him, so I put together our music company's balance sheet to show him that we were making money," she said. Unlike most people who walk Warren Buffett through their assets and liabilities, Mary Buffett wasn't seeking an investment. Since divorcing Peter Buffett, Mary Buffett has worked as a consultant and speaker, founded an online school, and taught business and finance to university students.
Peter worked out a budget and moved to San Francisco, where he "lived very frugally" in a small studio apartment. (According to CNBC's calculations, $90,000 of Berkshire Hathaway stock in 1977 would be worth more than $300 million as of Jan. 5, 2023, for a return of over 300,000%.) "But I didn't make that choice and I don't regret it for a second," Peter writes. "I used my nest egg to buy something infinitely more valuable than money: I used it to buy time." That distinction is easy to miss in Warren's case, because the work he loves most — investing — is all about money.
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