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Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death

  • Warren Buffett has donated another $1.1 billion in Berkshire Hathaway stock to four family foundations, emphasizing concerns about "dynastic" wealth.
  • Buffett's three children will distribute his remaining $147.4 billion fortune in the decade following his death, with designated successors in place.
  • Buffett stated, "the children have now more than justified our hopes," and they will gradually distribute all of his Berkshire holdings.
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