Omaha, Neb. – Investor Warren Buffett renewed his Thanksgiving tradition of giving by handing out more than $1.1 billion of Berkshire Hathaway stock to four of his family's foundations Monday, and he offered new details about who will be handing out the rest of his fortune after his death.

Key Takeaways Berkshire Hathaway Chief Executive Officer Warren Buffett on Monday said he had identified three people to potentially succeed his three children in their efforts to donate his $150 billion fortune.

Warren Buffett advised parents to let their families read their will while they are still alive in order to explain their decisions and avoid rifts among members

The legendary investor will again give a portion of his Berkshire Hathaway shares to four family foundations.

The billionaire investor and Berkshire Hathaway CEO suggested that parents read their wills to children before signing it.

Equal opportunity should begin at birth,’ wrote the Oracle of Omaha, as he chastised those with ‘extreme look-at-me styles of living.’ Warren Buffett has distributed another $1 billion of his wealth in what is fast becoming a Thanksgiving tradition for the world’s seventh-richest man.

Investor Warren Buffett renewed his Thanksgiving tradition of giving by handing out more than $1.1 billion of Berkshire Hathaway stock to four of his family's foundations Monday, and he offered new details about who will be handing out the