Warren Buffett, who is urging fellow billionaires to commit most of their wealth to philanthropy, gave away stock valued at about $1.5 billion in his annual gift to the foundation established by Bill Gates.
The donation of 19.3 million Berkshire Hathaway Inc. (BRK/A) Class B shares was made Thursday, according to a filing.
Buffett has pledged the majority of his holdings to the Bill & Melinda Gates Foundation and to charities run by his three children and one named after his first wife, Susan Thompson Buffett, who died in 2004.
