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FILE - The children of Berkshire Hathaway Chairman and CEO Warren Buffett, from left, Howard Buffett, Susie Buffett, and Peter Buffett, pose for a photo at the CenturyLink Center exhibit hall in Omaha, Neb., May 1, 2015. (AP Photo/Nati Harnik, File)

Giving away a fortune: What could Warren Buffett's adult children support?

Warren Buffett’s adult children, Susie, Howard and Peter Buffett, have long track records as philanthropists

By THALIA BEATY and JOSH FUNK
Published - Sep 16, 2024, 10:15 AM ET
Last Updated - Dec 16, 2024, 07:13 PM EST

OMAHA, Neb. (AP) — Warren Buffett's adult children — Susie, Howard and Peter Buffett — have long track records as philanthropists, giving away more than $15 billion of their dad's money through their foundations since 2006.

But because they don’t habitually seek publicity about their donations, they've flown under the radar as a force within philanthropy.

Now that their father has entrusted them to donate the rest of his fortune following his death, the next generation of Buffetts is poised to become one of the largest donors in the country, tasked with giving away around $144 billion, by today's estimates, within 10 years.

The next generation of Buffetts have supported different causes over the years, but their foundations share some characteristics. They operate with small staffs and when they have spoken publicly about their giving, they talk about taking risks to confront hard problems or fund ventures others might not.

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