Warren Buffett Gives $1.5 Billion in Stock to Gates Foundation

Warren Buffett Gives $1.5 Billion in Stock to Gates Foundation

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Photo of Buffett and the Gateses by Art StreiberInvestor Warren Buffett gave a gift of Berkshire Hathaway stock to the Bill & Melinda Gates Foundation worth about $1.5 billion (19.34 million shares), boosting their efforts around the world to fight disease.

Buffett plans to transfer the majority of his wealth to the Bill & Melinda Gates Foundation, and this gift represents the fifth installment.

(READ the AP article on CS Monitor)

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