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Billionaire Donates ₹44,000 Crores, Alters Will: Who Inherits?

According to media reports, Warren Buffett has given $5.3 billion (₹44,000 crores) in Berkshire shares to four large charitable foundations, including the Bill and Melinda Gates Foundation, and his children's trust will also receive the donation.

Billionaire Warren Buffett, the world’s 10th richest man, is making headlines again for donating shares worth crores and changing his will. The questions now are who will inherit his will, who will get his property after his death at 93, and who will benefit from the donated shares?

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Media reports say Warren Buffett has donated $5.3 billion (₹44,000 crores) in Berkshire shares to four major charitable foundations, including the Bill and Melinda Gates Foundation. His children’s trust will also receive this money. With this donation, Warren Buffett’s total contributions have reached $57 billion.

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Warren Buffett has revised his will again. After his death, the Bill and Melinda Gates Foundation will not receive any money from his will. Instead, his wealth will go to a new trust owned by his three children. Buffett expressed pride in his children and confidence that they will continue his legacy properly.

This isn’t the first time Billionaire Warren Buffett has changed his will. Previously, he had altered it so that 99 percent of his wealth would go to the Bill and Melinda Gates Foundation and four family-related trusts. Warren Buffett, known as the king of the stock market, has a net worth of $129 billion.

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ABOUT THE AUTHOR

simran rajpal

simran rajpal

Sub-Editor

Simran Rajpal is a news author with 1.5 Years of experience in journalism. She covers a wide range of topics, including politics and trending stuff, ensuring her readers stay informed about the latest trends and current events. Simran holds a bachelor's degree in Journalism and Mass Communication from Amity University and has worked with several reputable media outlets like IndiaTV and TV9.

In addition to her articles, Simran runs a live blog that provides real-time updates on breaking news and trending stories. This interactive platform allows her audience to engage with the news as it happens, enhancing their understanding of important issues.

Every piece of news she writes is verified by the team of the News Desk before publishing.

She is committed to delivering accurate and trustworthy information, making her a reliable source for readers seeking quality content. When She's not writing, she enjoys reading and creating content for Social Media. You can connect with her on Instagram for more insights and updates.

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First published on: Jun 30, 2024 01:40 PM IST


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