- Associated Press - Friday, July 15, 2016

OMAHA, Neb. (AP) - Investor Warren Buffett has delivered his annual donation of Berkshire Hathaway stock to five charities as part of his plan to gradually give away his fortune.

The gifts of Class B Berkshire stock that Buffett disclosed Thursday were worth roughly $2.86 billion. More than 19.6 million Berkshire shares were donated.

The biggest share went to the Bill & Melinda Gates Foundation. Buffett also gave Class B Berkshire shares to his own foundation and to the foundations run by each of his three children.


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Buffett has been giving away blocks of Berkshire stock since 2006. This year’s donation was slightly more than last year’s $2.8 billion giveaway. Fewer shares were involved but Berkshire’s stock price has increased.

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