The One Reason Warren Buffett Isn’t The World’s Richest Person

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The One Reason Warren Buffett Isn’t The World’s Richest Person
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Chase Peterson-Withorn is a senior editor at Forbes who oversees The Forbes 400 list. His reporting on billionaires has stretched from America's largest cardboard box factory to Donald Trump's penthouse. He studied political science and economics at Ohio University, and can be reached at [email protected] or [email protected].

arren Buffett shocked the world in 2006, when he pledged to give away nearly all of his vast fortune. Since then, Buffett has donated more than $55 billion worth of his Berkshire Hathaway to charity, including a $5.3 billion giftBuffett owned 474,998 class A shares, then worth around $43 billion, when he made that historic announcement in the summer of 2006. If he still owned all that stock today, he’d be sitting on a pile of stock worth $292 billion.

In other words, if Warren Buffett didn’t decide to start giving away his wealth, he would easily be the richest person on Earth. In fact, by, set in 2021 when Musk briefly surpassed $300 billion. With his theoretical $293 billion fortune, Buffett could personally buy the entire McDonald’s Corporation, all of Coca-Cola’s stock or all 50 of

Buffett’s three children and a foundation named for his late wife have gotten the rest of the shares as gifts designated specifically to go to the charities of their choice. More than $4.8 billion worth of shares went to the foundation named for his late wife, the Susan Thompson Buffett Foundation, which focuses on healthcare and education. And Buffett has given more than $8 billion in total to his childrens’ three charities: the Sherwood Foundation, the Howard G.

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