One of the richest and most respected entrepreneurs in the world, Warren Buffett is also the biggest philanthropist in the modern world.
The Chairman and Chief of Berkshire Hathway – an American multinational conglomerate – has, in a recent announcement, pledged $3.6 billion to five charitable organizations that include the Bill and Melinda Gates Foundation – the largest private charitable organization in the world. The other beneficiaries of his donation are the Susan Thompson Buffett organization, Sherwood Foundation, Howard G. Buffett organization, and NoVo foundation.
This is his biggest donation ever, exceeding the $3.4 billion that he gave away in the summer of 2018. With this donation, it is estimated that Buffett has given away a massive $38 billion in his lifetime.
Buffett is a huge proponent of philanthropy and has pledged to donate 99 per cent of his fortune to charitable organizations. Along with Bill and Melinda Gates, he has co-founded the Giving Pledge, an initiative that encourages billionaires to give away their fortunes to charity and philanthropy.
Who is Warren Buffett?
Warren Buffett is the Chairman and Chief Executive Officer of Berkshire Hathaway, an American multinational conglomerate. It is one of the largest companies in the world by revenue and one of the biggest financial services companies in the world. Berkshire Hathaway owns brands such as Duracell, BNSF, Lubrizol, and GEICO and also owns a stake in Kraft Heinz Company, United Airlines, Delta Airlines, Wells Fargo, Apple, and the Coca-Cola Company. He is revered across the entrepreneur community across the world for his astuteness and vision.0