Buffett says his children are ready to distribute his fortune, calls Bill Gates' Epstein ties 'distasteful'
Berkshire share distribution accelerated through 2034
In Tuesday's announcement, Buffett also accelerated the timetable to distribute his remaining Berkshire shares, which represent an approximately 13% stake in the $1.06 trillion conglomerate.
Buffett now wants the shares distributed by the end of 2034, rather than 10 years after his death. He noted his children's advancing ages. Susie Buffett, the oldest, will be 81 by the end of 2034.
“I reevaluated my whole situation,” Buffett said on CNBC. “It's not just a question of mortality. It's a question of keeping your marbles.”
Latest Berkshire donation goes to family-led foundations
The comments were broadcast one day after the 95-year-old Berkshire Hathaway chairman omitted the Gates Foundation from his annual midyear charitable donations, when he donated nearly $6 billion of his conglomerate's stock.
