Wednesday, 11 July 2012

Warren Buffet gives "fortune shares" to Charity Organisations

Billionaire Warren Buffet, has just handed out about $1.9billion worth of shares to charity, it is as part of his planned outline of 2006.
Amongst the recipients were the Bill & Milenda Foundation Run by Bill Gates and wife...which gained about 18.4 million Class B Berkshire shares worth more than $1.5 billion.. Also amongst the recipients were his own Charity Foundation together with the charity foundations of his three children which gained about 18million and 643,200 shares respectively.
Buffett also gave 238,165 shares worth nearly $20 million to eight unnamed charities, and 10 shares to each of the 15 elementary school children that were finalists in a business contest.

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