Summary

Warren Buffett gave $1.1 billion in Berkshire Hathaway stock to family foundations and detailed plans for distributing his $147 billion fortune after his death.

His three children will oversee giving the remainder within 10 years, with designated successors in case they predecease him.

Buffett, 94, reaffirmed his belief in avoiding dynastic wealth, favoring philanthropy instead.

Over the years, he has donated $55 billion to the Gates Foundation but plans to shift focus to his family’s foundations.

Buffett continues leading Berkshire Hathaway while preparing Greg Abel as his successor.

  • PoopSpiderman@lemmy.world
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    18 hours ago

    Fuck Warren Buffett. He’s just another scumbag who has soaked up wealth by taking full advantage of neoliberal economics. There are no good billionaires.

    • Yawweee877h444@lemmy.world
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      4 hours ago

      The only correct response honestly.

      This fucker, and everyone else should not ever have $147 billion to give away, or anywhere close to it.

      I’d argue it isn’t his money anyway. These psychos have concocted a system of capitalism that is inherently theft and exploitation. The wealth is dependent on the masses who are kept poor as wage slaves stuck in a perpetual cycle of produce and consume. Which most of us cannot escape.

      The masses are the cement and rebar foundation for the billionaires wealth.

      Honestly, it ain’t his money to give away. I wish people would realize this.

    • Mr_Blott@feddit.uk
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      11 hours ago

      People are so stupid, they look at that figure and go “147 billion. Huh”

      That cunt is a fucking greedy evil bastard and is literally causing children to starve to death because people can’t afford food. This evil shit has $18 for every man, woman and child on earth. Think about that.

      I’m not some sort of reactionary but I’m astonished how people don’t realise just how much suffering these evil fuckwits are causing.

      Burn the cunt on a stake