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Warren Buffett is cutting off the Gates Foundation after his death
Fortune
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7/1/2024
Warren Buffett has donated more than $39 billion over the span of 15 years, but his support of the Bill & Melinda Gates Foundation may end with him.
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Tech
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00:00
Warren Buffett has donated more than $39 billion to the Bill & Melinda Gates Foundation,
00:05
but his support might end with him. In an interview with the Wall Street Journal,
00:09
the billionaire said his will does not include explicit pledges of charity to the organization
00:13
once he's gone. Up until now, there has been no exact indication of what might happen with
00:18
his fortune in the event of his passing. The 93-year-old says his remaining wealth,
00:23
which is worth around $127 billion, will be put into a charitable trust overseen by his three
00:28
children, Howard, Susie, and Peter. His children said they have not made concrete plans for how the
00:33
money would be spent, but Buffett's daughter imagines it will be probably some continuation
00:38
of what we've been doing.
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