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- Billionaire investor Warren Buffett is one of the world’s wealthiest individuals, but surprisingly, he doesn’t plan for his vast fortune to stay within the family. While some ultra-wealthy families get sucked into succession drama, Buffett seems to have avoided it all by setting clear expectations.
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Sep 16, 2024 · Buffett announced in June that he would donate his fortune, now valued at nearly $144 billion, to a charitable trust managed by his three children when he dies, instead of giving it to the Gates Foundation, as he indicated 18 years ago. The next generation of Buffetts will then have 10 years to give the money away, Warren Buffett said.
Jul 9, 2022 · While Buffett’s children will not be receiving a massive fortune for their personal use after his death, they’re by no means cut out of the estate. In 2012, Warren pledged to his children...
- Lucy Brewster
Apr 22, 2024 · Buffett added that this pledge would leave his lifestyle untouched and his children, “as they have already received significant sums for their personal use and will receive more in the...
3 days ago · For pretty much everyone else on the planet, the idea of hoarding Warren Buffett’s wealth (estimated to be between $132 billion and $148 billion) is flat out impossible. Perhaps that’s why it’s somewhat surprising Buffett once refused to help his daughter when she asked for a $41,000 loan to remodel her kitchen.
Sep 22, 2024 · Howard Buffett recently reacted to the decision his 94-year-old dad — the chairman and CEO of Berkshire Hathaway — made this year to change his mind about donating his fortune to the Gates...
Jun 23, 2021 · Warren Buffett is now halfway toward his goal of giving away his massive fortune, but even though he still has $100 billion left to give, he’s not planning on sharing it with his children.
Jul 11, 2024 · Last month, the 93-year-old Oracle of Omaha announced that when he dies, most of his fortune — which sits at $130 billion, according to Bloomberg calculations — will go into a new charitable...
