Warren Buffett donates nearly $900 million to charities before Thanksgiving
CBSN
Warren Buffett has donated more than $870 million in Berkshire Hathaway stock to four charitable foundations, a holiday tradition that underscores the billionaire's pledge to give away most of his wealth to philanthropy.
The Oracle of Omaha granted 1.5 million Class B shares of his conglomerate to the Susan Thompson Buffett Foundation, a charitable vehicle that invests in reproductive health and family planning grants, the company said in statement on Tuesday. He also distributed 300,000 Class B shares to each of the three organizations run by his children: the Sherwood Foundation, the Howard G. Buffett Foundation and the NoVo Foundation.
The donations "supplement certain of the lifetime pledges I made in 2006 and that continue until my death (at 93, I feel good but fully realize I am playing in extra innings)," Buffett said Tuesday in a statement.
Apple's annual Worldwide Developers Conference is typically a springboard for the company to announce new tech features for its software programs, and not as flashy as its yearly September event to trumpet its latest iPhone rollout. But this year, the WWDC could be a make-or-break moment for the tech giant.