Latest news with #SusieBuffett
CNN
30-06-2025
- Business
- CNN
Warren Buffett donates record $6 billion Berkshire shares
Warren Buffett donated on Friday another $6 billion of Berkshire Hathaway stock to the Gates Foundation and four family charities, his biggest annual donation since he began giving away his fortune nearly two decades ago. The donation of about 12.36 million Berkshire Class B shares boosted Buffett's overall giving to the charities to well over $60 billion. He donated 9.43 million shares to the Gates Foundation; 943,384 shares to the Susan Thompson Buffett Foundation; and 660,366 shares to each of three charities led respectively by his children Howard, Susie, and Peter: the Howard G. Buffett Foundation, Sherwood Foundation and NoVo Foundation. Warren Buffett still owns 13.8% of Berkshire's stock, based on reported shares outstanding. His $152 billion net worth prior to Friday's donations made him the world's fifth-richest person, according to Forbes magazine. Buffett would rank sixth after the donations, which surpassed the $5.3 billion he donated last June. He donated another $1.14 billion to the family charities last November. In a statement, Buffett maintained he does not intend to sell any Berkshire shares. Now 94, Buffett began giving away his fortune in 2006. He changed his will last year, designating 99.5% of his remaining fortune after his death to a charitable trust overseen by his children. They will have about a decade to distribute the money, and must decide where it goes unanimously. Susie Buffett is 71, Howard Buffett is 70, and Peter Buffett is 67. Warren Buffett has led Omaha, Nebraska-based Berkshire since 1965. The $1.05 trillion conglomerate owns close to 200 businesses including Geico car insurance and the BNSF railroad, and dozens of stocks including Apple and American Express. Susie Buffett leads the Susan Thompson Buffett Foundation, which funds reproductive health and is named for her mother, who was Warren Buffett's first wife. The Sherwood Foundation supports Nebraska nonprofits and early childhood education. The Howard G. Buffett Foundation focuses on global hunger, combating human trafficking and mitigating conflicts. The NoVo Foundation has initiatives focused on marginalized girls and women, and on indigenous communities. Buffett said last June that donations to the Gates Foundation would end when he dies.
CNN
30-06-2025
- Business
- CNN
Warren Buffett donates record $6 billion Berkshire shares
Warren Buffett donated on Friday another $6 billion of Berkshire Hathaway stock to the Gates Foundation and four family charities, his biggest annual donation since he began giving away his fortune nearly two decades ago. The donation of about 12.36 million Berkshire Class B shares boosted Buffett's overall giving to the charities to well over $60 billion. He donated 9.43 million shares to the Gates Foundation; 943,384 shares to the Susan Thompson Buffett Foundation; and 660,366 shares to each of three charities led respectively by his children Howard, Susie, and Peter: the Howard G. Buffett Foundation, Sherwood Foundation and NoVo Foundation. Warren Buffett still owns 13.8% of Berkshire's stock, based on reported shares outstanding. His $152 billion net worth prior to Friday's donations made him the world's fifth-richest person, according to Forbes magazine. Buffett would rank sixth after the donations, which surpassed the $5.3 billion he donated last June. He donated another $1.14 billion to the family charities last November. In a statement, Buffett maintained he does not intend to sell any Berkshire shares. Now 94, Buffett began giving away his fortune in 2006. He changed his will last year, designating 99.5% of his remaining fortune after his death to a charitable trust overseen by his children. They will have about a decade to distribute the money, and must decide where it goes unanimously. Susie Buffett is 71, Howard Buffett is 70, and Peter Buffett is 67. Warren Buffett has led Omaha, Nebraska-based Berkshire since 1965. The $1.05 trillion conglomerate owns close to 200 businesses including Geico car insurance and the BNSF railroad, and dozens of stocks including Apple and American Express. Susie Buffett leads the Susan Thompson Buffett Foundation, which funds reproductive health and is named for her mother, who was Warren Buffett's first wife. The Sherwood Foundation supports Nebraska nonprofits and early childhood education. The Howard G. Buffett Foundation focuses on global hunger, combating human trafficking and mitigating conflicts. The NoVo Foundation has initiatives focused on marginalized girls and women, and on indigenous communities. Buffett said last June that donations to the Gates Foundation would end when he dies.
Al Arabiya
28-06-2025
- Business
- Al Arabiya
Warren Buffett donates record $6 billion Berkshire shares
Warren Buffett donated on Friday another $6 billion of Berkshire Hathaway stock to the Gates Foundation and four family charities, his biggest annual donation since he began giving away his fortune nearly two decades ago. The donation of about 12.36 million Berkshire Class B shares boosted Buffett's overall giving to the charities to well over $60 billion. He donated 9.43 million shares to the Gates Foundation; 943,384 shares to the Susan Thompson Buffett Foundation; and 660,366 shares to each of three charities led respectively by his children Howard, Susie, and Peter: the Howard G. Buffett Foundation, Sherwood Foundation and NoVo Foundation. Warren Buffett still owns 13.8 percent of Berkshire's stock, based on reported shares outstanding. His $152 billion net worth prior to Friday's donations made him the world's fifth-richest person, according to Forbes magazine. Buffett would rank sixth after the donations, which surpassed the $5.3 billion he donated last June. He donated another $1.14 billion to the family charities last November. In a statement, Buffett maintained he does not intend to sell any Berkshire shares. Now 94, Buffett began giving away his fortune in 2006. He changed his will last year, designating 99.5 percent of his remaining fortune after his death to a charitable trust overseen by his children. They will have about a decade to distribute the money, and must decide where it goes unanimously. Susie Buffett is 71, Howard Buffett is 70, and Peter Buffett is 67. Warren Buffett has led Omaha, Nebraska-based Berkshire since 1965. The $1.05 trillion conglomerate owns close to 200 businesses including Geico car insurance and the BNSF railroad, and dozens of stocks including Apple and American Express. Susie Buffett leads the Susan Thompson Buffett Foundation, which funds reproductive health and is named for her mother, who was Warren Buffett's first wife. The Sherwood Foundation supports Nebraska nonprofits and early childhood education. The Howard G. Buffett Foundation focuses on global hunger, combating human trafficking and mitigating conflicts. The NoVo Foundation has initiatives focused on marginalized girls and women, and on indigenous communities. Buffett said last June that donations to the Gates Foundation would end when he dies.
Yahoo
18-06-2025
- Business
- Yahoo
Warren Buffett Loves McDonalds And Coca-Cola But Scaled Back In Solidarity During His Wife's Oral Cancer Battle: 'I Won't Have Any Fun Either'
Warren Buffett has never pretended to eat healthy. For decades, he's bragged about his love of McDonald's breakfasts, Dairy Queen sundaes, and five cans of Coca-Cola a day. "I checked the actuarial tables," he told Fortune in 2015, "and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old." But when his wife, Susie, was diagnosed with oral cancer, Buffett quietly changed everything. According to Alice Schroeder's biography "The Snowball: Warren Buffett and the Business of Life," Susie was restricted to a liquid-only diet following surgery and radiation. Buffett, known for dodging anything health-related, chose to scale back in solidarity. "That can't be a lot of fun," he told Schroeder. "So I won't have any fun either." He cut his own intake, not because he needed to—but because she couldn't eat. The same man who once said he'd give up a year of life before giving up ice cream put his routines on pause, out of love. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can For someone who used to change the subject at the mention of a cold, Buffett's transformation was dramatic. Schroeder wrote that he studied oncology, sat with Susie in her San Francisco apartment every weekend, and watched nearly 100 episodes of Frasier as she recovered. There were no cameras, no press statements. Just a man doing what he could for the woman he loved. Their marriage wasn't typical, and they never pretended it was. Susie moved to San Francisco in the late 1970s to pursue a singing career. She and Warren never divorced, but they lived apart for the rest of her life. It was Susie who introduced him to Astrid Menks, the woman who would become his second wife. Astrid moved into the Omaha, Nebraska, home, helped manage his household, and even joined Susie and Warren on holiday cards. In a 2006 interview with The New York Times, their daughter, Susie Buffett Jr., said, "Unconventional is not a bad thing... It just worked." Trending: Maximize saving for your retirement and cut down on taxes: . What also worked, oddly enough, was the emotional structure they built together. Susie remained Buffett's closest confidant, a key voice in his life and his philanthropic decisions. She pushed him toward causes like civil rights and family planning and laid the groundwork for what would become the Susan Thompson Buffett Foundation. Buffett, in turn, credited her with shaping his values. In a 2017 interview with Bill Gates, he offered what might be the most revealing quote about how much that relationship mattered. "You want to associate with people who are the kind of person you'd like to be," he said. "You'll move in that direction. And the most important person by far in that respect is your spouse. I can't overemphasize how important that is."When Susie passed away in 2004, Buffett unraveled. Schroeder wrote that he was so grief-stricken he couldn't even attend the funeral. His daughter told him he didn't have to go, and he reportedly said, "I can't." The man who could face down billion-dollar acquisitions and financial collapses couldn't face losing her. Buffett's dietary gesture may seem small next to the rest of his legacy, but it revealed something far more personal than an annual shareholder letter. For a man who measures everything—returns, risk, long-term growth—it was a decision based entirely on feeling. No spreadsheets. No projections. Just quiet empathy. He didn't talk about love. He showed it. Read Next:Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Warren Buffett Loves McDonalds And Coca-Cola But Scaled Back In Solidarity During His Wife's Oral Cancer Battle: 'I Won't Have Any Fun Either' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
18-05-2025
- Business
- Yahoo
Buffett to sit alongside board members at 2026 Berkshire meeting, won't appear on stage, report
(Reuters) -Berkshire Hathaway founder and chairman Warren Buffett is going to forego his usual stage appearance at the 2026 company shareholders' meeting, the Omaha World-Herald reported on Sunday. Buffett instead will be seated alongside the company's board of directors while his successor and current vice chairman and incoming CEO Greg Abel answers questions, the report said. At Buffett's request, Abel will take the stage next year, the report added, citing Susie Buffett, Warren Buffett's daughter and a Berkshire board member. Abel told the newspaper that the next annual meeting will be in Omaha on May 2. Reuters could not immediately confirm the report and Berkshire did not immediately respond to a Reuters' request for a comment. Earlier this month, the company said that Buffett would remain as chairman after Abel takes over as CEO. Berkshire made that announcement two days after the 94-year-old Buffett revealed at the company's annual meeting in Omaha that he would step down as CEO, ending six decades at the helm for the legendary investor. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
