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Susan Thompson Buffett FoundationABC News
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86% Informative
The next generation of Buffetts is poised to become one of the biggest forces in philanthropy.
Warren Buffett announced in June that he would donate his fortune, now valued at nearly $144 billion , to a charitable trust managed by his three children when he dies.
Buffett has entrusted Bill Gates and Melinda French Gates with significant annual gifts to their foundation since 2006 .
The siblings have given away more than $15 billion of their father's money since 2006 .
Warren Buffett has instructed the Gates Foundation and his family's foundations to grant out the full amount they received within a year .
The next generation of Buffetts have run their foundations with tiny staffs.
Howard Buffett said his foundation employs less than 10 staff members.
VR Score
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