Warren Buffett has stopped donating shares to Gates Foundation

Buffett will donate nine million Class B shares of Berkshire to the Susan Thompson Buffett Foundation, and one million each to Sherwood Foundation, Howard G. Buffett Foundation, and Novo Foundation.

He said in a statement announcing this year’s gifts, “My goal is to dispose of all of my Berkshire shares within about eight years.”

“My children are unfortunately growing older.”