He also emphasized that the scale of his giving is a product of several fundamental factors. "The mathematics of the lifetime commitments to the five foundations are interesting," Buffett said in his press release on Wednesday, noting that he's donated more money than he originally had in 2006. That figure dwarfs the $232 billion fortune of Elon Musk, the Tesla and SpaceX CEO who currently tops the Bloomberg Billionaire Index. All else being equal, if Buffett had retained all those shares, his fortune would exceed $250 billion. They're worth $132 billion at Berkshire's current stock price.īuffett's remaining shares are worth about $113 billion in total, and make up the vast majority of his $118 net worth. As a result, the shares he's donated over time are worth about $50 billion based on their value when received, or more than his entire net worth in 2006. There are a few ways to close and deactivate your live StockPile account including online, through email and even through the post. StockPile offers trading in Forex, Commodities, Indices, Stocks, Crypto, Futures to over 10,000 clients. Buffett's original crop of shares was worth $43 billion, and he hasn't bought or sold a Berkshire share since.īerkshire's stock price has climbed in recent years, lifting the value of Buffett's stake. StockPile is a multi-asset broker that was established in 2008 and is headquartered in United States. But those looking for the benefits of a full-service broker will need to look elsewhere. He's gifted the equivalent of 257,000 "A" shares since then, leaving him with about 219,000 shares. ’s rating: 3.8 / 5.0 Stockpile offers fractional stock purchases, mini-lessons on how the market works and a mobile app to track your progress, making it a practical fit for the newbie investor. The Susan Thompson Buffett Foundation is named after Buffett's late wife, while Buffett's three children each run one of the other three foundations.īuffett owned 474,998 "A" shares in 2006, when he decided to begin making yearly donations to good causes. Buffett Foundation, and Novo Foundation.īuffett is close friends with Bill Gates and the biggest financial backer of the Microsoft cofounder's foundation, which focuses on fighting poverty, disease, and inequity worldwide. He gave about 10.5 million of those shares to the Bill & Melinda Gates Foundation, just over 1 million shares to the Susan Thompson Buffett Foundation, and about 732,000 shares to each of the Sherwood Foundation, Howard G. The renowned investor and Berkshire CEO said in a press release that he converted roughly 9,100 of his Berkshire "A" shares into 13.7 million "B" shares, worth $4.6 billion as of Wednesday close. ![]() Tally up the shares he's given away over the past 17 years, and they would be worth an astounding $132 billion today. Warren Buffett gifted about $5 billion worth of Berkshire Hathaway stock to philanthropic groups on Wednesday.
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