Buffett's Annual Stock Gift Leaves Out Gates Foundation For First Time
The 12 million Class B shares went instead to Buffett's own family foundations, ending an unbroken run dating to 2006.
- Buffett gave roughly 12 million Berkshire Class B shares to his family's four foundations.
- The Gates Foundation had received a share of this annual gift every year since 2006.
- Berkshire's official release records the omission itself but offers no explanation for it.
Why it matters: The document records only the omission; every explanation offered for it comes from someone other than Buffett.
Berkshire Hathaway Inc. News Release ↗ · Jul 14, 20267/14/26 · ✓ Checked✓ Check