Warren Buffett will direct his $140 billion fortune into a charitable trust.
None of it will go to the Gates Foundation, which has been the recipient of more than $40 billion from Buffett over nearly two decades.
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Melbourne social enterprise Who Gives A Crap sold nearly 3 million rolls of toilet paper in 2014/15 and gave half the proceeds to WaterAid Australia, but co-founder Simon Griffiths says the donation would have been less had the startup adopted a non-profit model when it launched two years ago.