Warren Buffett Donates $6 Billion in Berkshire Hathaway Stock to Family Foundations, Ending 20-Year Support for Gates Foundation
Warren Buffett Donates $6 Billion in Berkshire Hathaway Stock to Family Foundations, Ending 20-Year Support for Gates Foundation. This move marks the first time in two decades that Buffett has ceased donations to the Gates Foundation. Buffett, who handed the CEO role to Greg Abel at the start of 2026, plans to transfer his entire remaining stake in Berkshire Hathaway, valued at approximately $140 billion, to his children's foundations by 2034 or sooner. Analysts suggest this shift could lead to pressure for Berkshire Hathaway to initiate a dividend, as foundations often rely on dividends to fund philanthropic goals, and the company holds a substantial cash balance of nearly $400 billion as of Q1 2026.
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