- Warren Buffett, the billionaire who heads Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B), resigns as a trustee from the Bill and Melinda Gates Foundation, in the months after the couple announced their divorce.
- In a statement, Buffett says he has resigned from all corporate boards other than Berkshire's. But he notes that his resignation does not indicate any disagreement with the foundation.
- "My goals are 100% in sync with those of the foundation, and my physical participation is in no way needed to achieve these goals," he said.
- Buffett also marks a milestone in that he has distributed half of his wealth. "In 2006, I pledged to distribute all of my Berkshire Hathaway shares – more than 99% of my net worth – to philanthropy. With today’s $4.1B distribution, I’m halfway there."
- He now owns 238,624 Berkshire shares, worth ~$100B, down from the 474,998 shares he held in June 2006.
- Recall in February 2020, Buffett outlined in his annual letter to shareholders plans for his Berkshire stake after he's gone.