Warren Buffett announced that after he dies, he’d like his fortune to go to a new charitable foundation run by his three children, Susan A. Buffett, Howard G. Buffett and Peter Buffett, CNBC reports.
Buffett, who is 95, wants all of the money to be given away within 10 years of his passing. His net worth is estimated to be over $150 billion.
All three siblings must unanimously agree on where to send the money. Each of the three already works in service capacities.
Susan Buffett focuses on early childhood education and social justice through the Susan Thompson Buffett Foundation and the Sherwood Foundation.
Howard Buffett heads the Howard G. Buffett Foundation, focused on food security and conflict resolution.
Peter Buffett leads the NoVo Foundation, which works on health and economic programs for women and children.
