Warren Buffett, 95, Transfers Entire $168 Billion Fortune to Charity — 'The Scorecard Was Never About Money'

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Warren Buffett, 95, Transfers Entire $168 Billion Fortune to Charity — 'The Scorecard Was Never About Money'
Business

The Wall Street Journal

Warren Buffett announced the immediate transfer of his entire $168.4 billion remaining stake in Berkshire Hathaway to a new global health and education endowment — the largest individual philanthropic act in human history. The gift was announced via handwritten letter at Berkshire's annual meeting in Omaha.

The greatest capital allocator in history just made his final and most consequential allocation — not to shareholders, but to humanity.

Context

Buffett has donated $57 billion since 2006 through the Giving Pledge, which he co-founded…

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