Warren Buffett will leave his multimillion-dollar inheritance to a charitable foundation

Warren Buffett will leave his multimillion-dollar inheritance to a charitable foundation

The investor Warren Buffettone of the richest people on the planet, told The Wall Street Journal (WSJ) that when he dies he will leave his fortune to a new charitable foundation overseen by his children.

The 93-year-old, who owns nearly $130 billion in Berkshire Hathaway stock, told the outlet that his three children should unanimously decide what philanthropic purposes the money will go toward.

“I feel very, very good about the values ​​of my three children and I have 100% confidence in how they will carry things out,” the 10th on the Forbes list of richest people told the WSJ in an interview published on Friday.

The billionaire has already given away more than half of his Berkshire shares.

Although billions from his empire have gone to the Bill and Melinda Gates Foundation, Buffett told the newspaper that once he is dead he will stop donating to this foundation.

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