Friday, July 08, 2011

Warren Buffett's Stock Donations to Gates Foundation Top $10 Billion

Warren Buffett has made his scheduled annual donation of Berkshire Hathaway stock to the Bill and Melinda Gates Foundation.

After six years, Buffett has donated a total of 132.4 million Berkshire Class B shares, worth $10.3 billion at today's closing price of $77.77 .. or $9.5 billion if you use the stock price on the date of each donation.

The Foundation reports it still holds just under 101 million shares, now worth more than $7.8 billion.

This year's installment is just over 19 million shares of Baby Berkshires. worth $1,504,423,593 at the close.

Full Article

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