15min chapter

Slate News cover image

Slate Money: Behind Britain’s Bonkers Election

Slate News

CHAPTER

Warren Buffett's Charitable Move and Changes in Wealth Distribution

The chapter delves into Warren Buffett's plan to pass on $130 billion of Berkshire Hathaway shares to a charitable foundation led by his children, shedding light on their lack of experience in managing such a vast foundation and their differing charitable interests. It explores how Buffett structured this move to avoid taxes and examines philanthropic practices, highlighting the swift impact made by individuals like Mackenzie Scott. The discussion also includes the shift in Buffett's intended recipient of wealth, from the Gates Foundation to his children, in light of recent developments following Melinda French Gates' departure.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode