Buffett's 11th annual donation to the five charities comprised 19.61 million Class "B" shares of
Berkshire Cheap Jason
Spezza Hoodie , according to a regulatory filing on Thursday.
The Gates Foundation, which focuses on improving education and health and reducing poverty, received about 14.96 million shares.
Warren Buffett, Chairman, CEO and largest shareholder of Berkshire Hathaway takes part in interviews before a fundraising luncheon for the nonprofit Glide
Foundation in New York September
8 Cheap Alexander
Radulov Hoodie , 2015.
The donations were made on Wednesday, and brought Buffett's total contributions to the charities to more than $24.3 billion since 2006.
Also receiving donations were the Susan Thompson Buffett Foundation, named for Buffett's late first wife, and the Howard G. Buffett, Sherwood and NoVo
Foundations Cheap Ben
Bishop Hoodie , respectively overseen by his children Howard, Susan and
Peter.
Buffett, 85, remains the world's third-richest person, according to Forbes magazine.
Buffett still owns about 18 percent of Berkshire's stock Cheap Stephen
Johns Hoodie , down from 32.3 percent before the donations began in 2006.
He controls about 31.7 percent of the Omaha, Nebraska-based conglomerate's
voting power.
Before the donations were announced, Forbes estimated Buffett's net worth at $68.4 billion, trailing Bill Gates' $77.6 billion and Spanish retailing magnate
Amancio Ortega's $74 billion. Amazon Inc founder Jeff Bezos followed Buffett, at
$64.3 million.
Gates Cheap Brett Ritchie Hoodie , the co-founder of Microsoft Corp, has known Buffett for a
quarter century and counts him as a close friend. He is also a Berkshire
director.
Buffett typically makes his donations in July, reducing the number of shares by 5 percent from the prior year.
The charities usually sell the Berkshire shares to finance their activities, reflecting Buffett's desire that his money be spent. Buffett also makes smaller
donations to other charities.
Berkshire has roughly 90 subsidiaries including Geico car insurance, the BNSF railroad and Dairy Queen ice
cream Cheap Esa Lindell
Hoodie , and has large stakes in companies such as Kraft Heinz Co, Wells
Fargo & Co, Coca-Cola Co and IBM Corp.
Buffett has run Berkshire since 1965.
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