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Buffett resigns as Gates Foundation trustee

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Berkshire Hathaway's Warren Buffett resigned as a trustee of the Bill & Melinda Gates Foundation.

Buffett cited previous decisions to exit corporate boards other than Berkshire.

Buffett also announced he would donate $4.1 billion worth of Berkshire stock to five foundations, including the Gates Foundation. Buffett in 2006 pledged to give away all of his Berkshire shares through annual gifts to foundations.

Read more from CNBC.

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