Kindness: Warren Buffett Gives Out $3.17 Billion To Charity

Warren Buffett Gives Out $3.17 Billion To Charity, Generous Billionaires

According to his Warren Buffett's company statement, he gave away $3.17 billion in shares of his holding company, Berkshire Hathaway, to charity on Monday.

The stock went to the Bill & Melinda Gates Foundation, as well as four foundations with ties to the Buffett family: Buffett's education-focused charity, which is named after his late wife Susan; the Sherwood Foundation, which is chaired by their daughter; the Howard G. Buffett Foundation, which is led by his son; and the NoVo Foundation, which has Buffett's youngest son Peter at the helm of affairs.

In 2006, Buffett announced plans to gradually donate all his Berkshire Hathaway shares to charity, and in 2010, Buffett launched The Giving Pledge with Bill Gates. 

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