Buffett resigns as Gates Foundation trustee, donates another $4.1 bln for philanthropy
The Peninsula
Warren Buffett on Wednesday resigned as trustee of the Bill and Melinda Gates Foundation, one of the world's largest private charitable organizations, as he delivered another $4.1 billion worth of Berkshire Hathaway stock to philanthropy.
Buffett has been making annual contributions to five charitable foundations since 2006 as part of a plan to distribute about 99% of his net worth to philanthropy. "With today's $4.1 billion distribution, I'm halfway there," Buffett said in a statement.
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