Warren Buffett has announced significant revisions to his estate plans, marking a departure from his longstanding commitment to the Bill & Melinda Gates Foundation

Berkshire Hathaway announced on Friday that Mr Buffett is converting around 9,000 Class A shares into over 13 million Class B shares.

W arren Buffett, the legendary Chairman of Berkshire Hathaway, has once again revised his will. With a staggering net worth of $128.4 billion (Rs 10,71,408 crore), Buffett discussed his new posthumous financial plans with the Wall Street Journal, which includes halting his generous contributions to the Bill & Melinda Gates Foundation.

93 year old founding chairman of Berkshire Hathaway, Warren Buffett, has made significant amendments to his will and this would possibly affect his pal Bill Gates’ charity, the Bill & Melinda Gates Foundation. In his new will and statement, the billionaire reportedly stated that the Gates foundation “ has no money coming ” after his death.

Warren Buffett is currently the tenth-richest person in the world, according to the Bloomberg Billionaires Index. In June 2024, Buffett not only estimated his net worth at more than $127 billion, but also candidly mentioned that 99% of that total was invested in a single stock: Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B).