Warren Buffett, 94, could today be the richest man in the world – with an estimated fortune of nearly $ 400 billion – if he had not donated Berkshire Hathaway actions over the last 20 years. The estimate is from Bloombergbased on the current value of the roles that the investor has mainly intended for philanthropy since 2006.
According to the survey, Buffett donated more than $ 60 billion in stocks at the time of transfers, which today would be worth about $ 230 billion. This would make his fortune surpass at $ 67 billion that of Elon Musk, the current leader of the global ranking.
Buffett publicly announced in 2006 that he would donate 85% of his assets, then valued at $ 44 billion. Since then, he has made regular transfers in actions, especially for the Gates Foundation and for entities linked to his children. In 2010, he formalized his commitment by creating, along with Bill and Melinda Gates, the Giving Pretge, an initiative that encourages billionaires to allocate at least half of their fortune to philanthropy.
In practice, the investor went further: he promised to donate more than 99% of his resources, stating that he and his family “would lose nothing they needed or wanted” in doing so. “The rest can have a huge impact on the health and well-being of others,” he wrote at the time.
Despite the billionaire donation, Buffett maintains an estimated fortune of $ 167 billion, almost fully linked to Berkshire’s actions. He even held the richest post in the world in 2008, and now, according to the BloombergI would go back to the top if I had kept all the roles you donated.
Buffett’s succession plan predicts that his three children – Howard, Peter and Susie – manage the donation of the remaining assets after his death, demanding unanimity in all decisions. The Gates Foundation will no longer receive funds after its death, according to a letter released by him last year.
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With a simple lifestyle for your heritage, and keeps hobbies simple like playing bridge and playing Ukulele. He has already stated that excessive inheritances are “enemies of meritocracy” and argues that children of billionaires have enough resources to do whatever they want – but not to do nothing.
Buffett, which will finally leave Berkshire’s command from 2026 ,.
