Warren Buffett Donates $50.7 Billion Towards Philanthropy


Foundation: Susan Thompson Buffett Foundation, Gates Foundation

credit:

In 2006, Warren Buffett became the biggest donor in history when he pledged 99% of his fortune to the Bill and Melinda Gates Foundation.

Now, 17 years later, he has given $50.7 billion to the foundation and four other foundations, the San Francisco Chronicle reports.

Buffett has given the Gates Foundation nearly $39.3 billion, the Susan Thompson Buffett Foundation almost $4.2 billion, and more than $2.4 billion each to the Sherwood, Howard G.

Buffett, and Novo foundations.

"What can be more logical, in whatever you want done, than finding someone better equipped than you are to do it?" Buffett said at the time.

"I don't think I'm as well cut out to be a philanthropist as Bill and Melinda are," he told Fortune in 2006.

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