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Warren Buffett advocates against dynastic wealth while donating 1.1 billion dollars
Warren Buffett, with a personal fortune of $150 billion, continues to advocate against dynastic wealth, recently donating $1.1 billion in Berkshire Hathaway stock to family foundations. He has appointed three independent trustees to oversee his philanthropy, emphasizing the importance of personal growth and the unpredictability of future generations in managing inherited wealth. Buffett aims to give away 99% of his fortune, trusting his children’s philanthropic ambitions while preparing for potential successors.
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