Story perspectives

Buffett Converts Shares, Donates $5.9 B; Halts Gates Gift

7/20/2026

Summary

Story summary

On July 14 2026, Warren Buffett announced converting 8,000 Berkshire Hathaway Class A shares into 12 million Class B shares worth $5.9 billion and donating them to foundations, completed by Dec. 31 2034.
He will allocate 9 million shares to Susan Thompson Buffett Foundation and 1 million to Sherwood, Howard G. Buffett and NoVo foundations.
Reaching $140 billion by 2034 requires about $17 billion in grants, while Buffett halted his 2026 donations to the Bill & Melinda Gates Foundation over concerns about Gates’ Epstein link.

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Story summary

On July 14 2026, Warren Buffett announced converting 8,000 Berkshire Hathaway Class A shares into 12 million Class B shares worth $5.9 billion and donating them to foundations, completed by Dec. 31 2034.
He will allocate 9 million shares to Susan Thompson Buffett Foundation and 1 million to Sherwood, Howard G. Buffett and NoVo foundations.
Reaching $140 billion by 2034 requires about $17 billion in grants, while Buffett halted his 2026 donations to the Bill & Melinda Gates Foundation over concerns about Gates’ Epstein link.