In final shareholder letter, Buffett reveals plan to give $1.3B to foundations run by his children
By Matt Olberding 
, News director Nebraska Public Media
10 de Noviembre de 2025 a las 14:53 ·
Warren Buffett announced plans Monday to give away more than $1.3 billion to foundations run by his children.
The news came along with Buffett’s final letter to Berkshire Hathaway shareholders as the company’s CEO.
Buffett, who is 95 years old, announced in May that he would step down as CEO of the Omaha-based company before the end of the year.
In a news release accompanying the letter, Buffet said he will give 2.7 million class B shares of Berkshire Hathaway stock to four family foundations. At Monday’s closing price of $497.18 per share, that makes the donation worth a little less than $1.35 billion.
He also said he will accelerate plans to give away his nearly $150 billion fortune, but not because of any worry about the company.
“The acceleration of my lifetime gifts to my children’s foundations in no way reflects any change in my views about Berkshire’s prospects,” Buffett wrote. “Greg Abel has more than met the high expectations I had for him when I first thought he should be Berkshire’s next CEO.”
He did say, however, that he plans to hold on to a significant portion of his class A shares of Berkshire Hathaway stock, which carries a much higher price, “until Berkshire shareholders develop the comfort with Greg that Charlie and I long enjoyed.”
"That level of confidence shouldn’t take long,” Buffett wrote. “My children are already 100% behind Greg as are the Berkshire directors.”
In the seven-page letter, Buffett touched on topics including all the talented people he met in Omaha, his health and longevity, the house he bought in 1958 that he still owns, and what he sees as a misguided effort to publicize the pay of executives of public companies, which has led to skyrocketing pay as the executives convince their boards that they deserve more than their competitors.
“The new rules produced envy, not moderation,” Buffett wrote. “The ratcheting took on a life of its own. What often bothers very wealthy CEOs – they are human, after all – is that other CEOs are getting even richer. Envy and greed walk hand in hand. And what consultant ever recommended a serious cut in CEO compensation or board payments?”
Buffett famously accepted only modest compensation, preferring instead to build wealth through his company holdings.