Charity|The donation dropped Warren Buffett into the world’s sixth richest person.
All The most successful investor of time was considered Warren Buffett94, made a record $ 6 billion, or about $ 5.1 billion to charity on Friday.
According to Reuters news agency, the donation consisted of 12.36 million Berkshire Hathaway’s B-Series B Series, which was distributed to the Gates Foundation and four Buffett Family Foundation.
Buffett’s overall donations to charity are now over $ 60 billion, or more than $ 51 billion.
Buffet Has for decades have given considerable amounts to charity and reduced his ownership in Berkshire. However, he still owns 13.8 percent of the company.
According to Reuters, Buffett’s net worth before the latest donation was $ 152 billion, or about $ 130 billion, which made him the fifth richest person in the world’s forbes magazine. The donation dropped Buffett to sixth place.
Buffett is known to have made a will, where he appoints 99.5 % of his remaining property to a charity foundation, which is supervised by his or her children in their seventies.
Buffett has been leading Berkshire Hathaway since 1965.
Buffett Family Foundation focuses on various charity sites that support and fund, among other things, reproductive health, famine fighting and anti -trafficking work.