
Buffett stated that he would donate more than 80 percent to foundations that support charitable causes. In the year 2020, he increased that number to 99 percent. Bill & Melinda Gates Foundation established by Bill Gates and Melinda (the Microsoft founder) was the primary recipient. The foundation was focused on education and health in the world. Bill and Buffett had been friends since the 1990s. Other organizations that received donations included those run by Buffett's children and the Susan Thompson Buffett Foundation, named for his late wife. It focused on women's reproductive rights and also funded college scholarship programs. In 2010 Buffett along with the Gateses created the Giving Pledge, an invitation for wealthy individuals to give the majority of their fortune to charities.
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