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Wednesday, January 28, 2009

BUSINESSWEEK: Buffett donates Berkshire stock to 2 charities

The Associated Press January 27, 2009, 8:08AM ET

By JOSH FUNK

Billionaire Warren Buffett has donated stock in his company worth a total of nearly $3.6 million to two unnamed charities.

Buffett disclosed the donations of Berkshire Hathaway Inc. stock in a Securities and Exchange Commission filing Monday.

One donation of 676 Class B shares was made in September and a donation of 595 Class B shares was made in December. Class B shares sold for $2,822 Monday afternoon.

Buffett did not immediately respond to questions about the donations e-mailed to his Omaha office.

Buffett has previously said all of his Berkshire stock will go to charities over time.

After these latest donations, Buffett held 2,018,997 Class B Berkshire shares and 350,000 Class A shares, which were selling for $85,500.


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