Buffett/Berkshire - general news

[LC]

2 minutes ago, Pellom said:

An underrated part is I think he had a lot of respect for Melinda. 

 

He should gift her the shares for her charitable work, if you ask me.

[John Hjorth]

1 minute ago, Pellom said:

Hard to know if he thinks Gates did anything wrong (i.e., terminated the personal friendship/relationship) or whether he knows it wouldn't look good politically to give money to the foundation any longer. 

 

An underrated part is I think he had a lot of respect for Melinda. 

 

Yeah, @Pellom,

 

I think and speculate the same. The Squawk Box interview with Becky Quick tomorrow will be interesting to experience. I also share your thoughts about Warren Buffetts relationship with Melinda Gates.

 

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Furthermore, I looked up the 2025 Donation Press Release on the Berkshire website, to compare :

 

2025 :

 

Quote

Today, Warren E. Buffett has converted 8,239 A shares into 12,358,500 B shares in order to donate 12,358,321 shares of Berkshire Hathaway “B” stock to five foundations: 9,433,839 to the Bill & Melinda Gates Foundation Trust, 943,384 shares to the Susan Thompson Buffett Foundation and 660,366 shares to each of the Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation. The donations will be delivered on June 30. Mr. Buffett’s ownership of Berkshire now consists of 198,117 A shares and 1,144 B shares.  ...

 

So the '5 percent of the remaining shares each year gifted' system and pattern appears this to be broken, after now 19 years, apart from the gift allocation changed. 'Wool in mounth' message about the next eight years donations.

[Pellom]

Pretty cool website here to track the various foundations of Warren's kids:
https://www.grantmakers.io/profiles/v1/470824755-sherwood-foundation/?page=2

https://www.grantmakers.io/profiles/v1/470824756-howard-g-buffett-foundation/

https://www.grantmakers.io/profiles/v1/470824753-novo-foundation/

 

It'll be interesting to see if these foundations follow Warren's mandate to give it all away within a certain period of time. 

[kiwing100]

Announcement of most recent donation of BRK shares by Buffett

 

https://berkshirehathaway.com/news/jul1426.pdf

 

BERKSHIRE HATHAWAY INC. 

NEWS RELEASE 

FOR IMMEDIATE RELEASE July 14, 2026

Omaha, NE (BRK.A; BRK.B) – 

Today, Warren E. Buffett will convert 8,000 Berkshire Hathaway Class A shares into 12,000,000 

Berkshire Hathaway Class B shares in order to donate the 12,000,000 Class “B” shares to four 

foundations: 9,000,000 shares to the Susan Thompson Buffett Foundation and 1,000,000 shares to 

each of the Sherwood Foundation, Howard G. Buffett Foundation and Novo Foundation. 

Mr. Buffett’s ownership of Berkshire now consists of 188,290 Class A shares and 1,162 Class B 

shares. 

* * * * * * * * * * * * 

Mr. Buffett’s comments follow: 

“My goal is to dispose of all of my Berkshire shares within about eight years. As I explained last 

year, my children are unfortunately growing older. I have every hope that the three of them are 

able to carry out the disposal of my shares by December 31, 2034. 

Of course, mortality is unpredictable, but my remaining shares will be donated to the four 

foundations one way or the other by December 31, 2034. The goal is to have the grants grow 

annually to each of the three foundations managed by each of my children and the annual grant to 

the Susan Thompson Buffett Foundation grow at a somewhat greater rate.