Warren Buffett Donates $6 Billion to Five Philanthropic Foundations in 2025

Famed investor and billionaire philanthropist Warren Buffett, Chairman and CEO of Berkshire Hathaway, has announced a massive $6 billion donation in company stock to five charitable foundations. The latest act of generosity, revealed on June 27, 2025, brings his total donations since 2006 to approximately $60 billion. The bulk of this donation will benefit the Bill & Melinda Gates Foundation Trust, along with foundations closely connected to Buffett’s family.

Why in News?

The announcement is significant as it reinforces Buffett’s long-standing commitment to philanthropy and coincides with ongoing global discussions about wealth redistribution, legacy giving, and the role of billionaires in social responsibility. With Berkshire Hathaway’s Class B shares performing strongly in recent months, the timing and scale of the donation have drawn worldwide attention.

Donation Details

  • Total amount donated: $6 billion in Class B shares of Berkshire Hathaway.
  • Date of announcement: June 27, 2025; shares to be delivered on June 30, 2025.
  • Total shares donated: Nearly 12.4 million Class B shares.
  • Share price (as of June 27 close): $485.68 per share.

Foundations Receiving Donations

Foundation Shares Received

  • Bill & Melinda Gates Foundation Trust/9.4 million shares
  • Susan Thompson Buffett Foundation/943,384 shares
  • Sherwood Foundation/660,366 shares
  • Howard G. Buffett Foundation/660,366 shares
  • NoVo Foundation/660,366 shares

Aim and Objective of the Donation

  • Support philanthropic missions such as global health, education, poverty alleviation, empowerment of women, and rural development.
  • Continue Buffett’s pledge to donate the vast majority of his wealth to public good.
  • Empower his children to manage the remainder of his wealth after his death, as per his earlier public statements.

Background

  • Buffett started donating his wealth in 2006, with a pledge to give away 99.5% of his estate.
  • In 2021, he resigned as trustee from the Gates Foundation but remained a donor.
  • His giving philosophy is rooted in “simple decisions, long-term investing, and the power of compounding.”
Shivam

Recent Posts

The Bombay High Court is one of the oldest and most important courts in India.…

11 hours ago

Which City is known as the City of Bamboo?

A few cities around the world become famous because of a special feature that is…

11 hours ago

Who was the First Prime Minister of India?

India got its freedom from British rule on 15th August 1947. After independence, the country…

11 hours ago

Who was the First Home Minister of India? Know About Him

After India got independence in 1947, the country needed strong leaders to help build a…

11 hours ago

Who was the First President of India? Know the Name

India became a free and independent country in 1947, and later in 1950, it became…

12 hours ago

Who was the First Male Doctor in India? Know the Name

India has a rich history of medicine and healing. During the British rule, becoming a…

12 hours ago