Gates Foundation
His intention was originally to leave 99% of his estate to the Buffett Foundation, but in June 2006 he announced that he would give 85% of his wealth to the Bill and Melinda Gates Foundation instead. Buffett stated that he changed his mind because he has grown to admire Gates's foundation over the years; he believed that the Gates Foundation would be able to use his money effectively because it was already scaled-up.
"Susan's Foundation" is to receive a bequest of about $3 billion over a span of many years.
Read more about this topic: Buffett Foundation
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