Warren Buffett Reveals Posthumous Wealth Distribution Plans


Foundation: Susan Thompson Buffett Foundation, Gates Foundation

credit: drmc

Buffett had committed over 99% of his estate to philanthropic purposes, primarily through the Bill & Melinda Gates Foundation and four family-related charities.

Buffett has recently outlined how his substantial fortune will be managed after his death.

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The Charities Aid Foundation has set up a scheme, called the Social Enterprise Assist, that will render interest-free loans of up to £10,000 each to help social enterprise start-ups.




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