TamilWarren Buffett resigns from Gates Foundation
24 June 2021, 12:07 pm
SQUAWK BOX -- Pictured: Warren Buffett, Bill and Melinda Gates, in an interview on May 5, 2015 -- (Photo by: Lacy O'Toole/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images)
Warren Buffett on Wednesday resigned as a trustee from the Gates Foundation and announced that donated an $4.1 billion by giving all of his Berkshire Hathaway Inc. shares to charity.
“My goals are 100% in sync with those of the foundation,” Buffett, 90, said in a statement.
Buffett has contributed more than $27 billion of his own money to the charity over the past 15 years. He has donated $41 billion worth of Berkshire stock to five foundations. On Wednesday he announced that he has donated an additional $4.1 billion.
“For years I have been a trustee — an inactive trustee at that — of only one recipient of my funds, the Bill and Melinda Gates Foundation (BMG). I am now resigning from that post, just as I have done at all corporate boards other than Berkshire’s,” he was quoted as saying in a statement.
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