Warren Buffett Just Gave Away $6 Billion of Berkshire Stock. He Plans to Give Away $138 Billion More by 2034.

Warren Buffett donated $6 billion in Berkshire Hathaway stock to four family foundations this week, advancing a decade-long plan to liquidate his entire $138 billion stake by the end of 2034. The scheduled divestment will gradually transfer voting control away from the 94-year-old CEO over the next eight years.

Buffett currently holds 30.2% voting power at Berkshire. The planned distribution will systematically reduce that control, eventually eliminating any single shareholder's dominant position at the conglomerate. The $6 billion transfer represents the latest installment in a structured giving program that has been publicly disclosed.

The timeline extends through 2034, giving the market eight years to absorb what amounts to one of the largest planned stock liquidations in corporate history. Berkshire's dual-class share structure has allowed Buffett to maintain outsized influence despite owning a minority economic stake. That influence will decline proportionally as he converts shares to philanthropic gifts.

The four family foundations receiving the shares were not individually named in the disclosure, though Buffett has previously committed the bulk of his wealth to the Bill & Melinda Gates Foundation and foundations run by his children.