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Buffett donating $5.3B in Berkshire Hathaway stock to charity

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Billionaire investor Warren Buffett announced he would donate $5.3 billion worth of Berkshire Hathaway stock to charity.

Five foundations will receive the stock, including $4 billion worth of shares to the Bill & Melinda Gates Foundation Trust.

Buffett has pledged to donate 99% of his wealth.

Read more from Quartz.

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