Walmart Heir, Buffett to Give Away $4.8 Billion of Fortunes
- Jim Walton last week donated $1.2 billion of Walmart shares
- Warren Buffett to give $3.6 billion of shares to foundations
The world’s richest can’t give away their money fast enough -- but that’s not stopping them from trying.
Warren Buffett said Monday he plans to donate $3.6 billion of Berkshire Hathaway Inc. stock to five charities -- one of his largest gifts ever -- while Walmart Inc. heir Jim Walton gave away $1.2 billion of the retailer’s shares last week. And Home Depot Inc. co-founder Bernie Marcus said this weekend he’s planning to gift almost his entire $4.5 billion fortune before he dies.