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Warren Buffett's Stock Donations to Gates Foundation Top $10 Billion

Thursday, 7 Jul 2011 | 6:32 PM ET
Bill Gates, left, Melinda Gates and Warren Buffett pose for a picture after a press conference Monday, June 26, 2006 in New York.  Warren Buffett, the chairman of Berkshire Hathaway, recently announced his intention of giving 10 million shares of his company to charitable organizations, the majority going to the Bill and Melinda Gates Foundation.  (AP Photo/Seth Wenig)
Seth Wenig
Bill Gates, left, Melinda Gates and Warren Buffett pose for a picture after a press conference Monday, June 26, 2006 in New York. Warren Buffett, the chairman of Berkshire Hathaway, recently announced his intention of giving 10 million shares of his company to charitable organizations, the majority going to the Bill and Melinda Gates Foundation. (AP Photo/Seth Wenig)

Warren Buffett has made his scheduled annual donation of Berkshire Hathaway stock to the Bill and Melinda Gates Foundation.

After six years, Buffett has donated a total of 132.4 million Berkshire Class B shares, worth $10.3 billion at today's closing price of $77.77 .. or $9.5 billion if you use the stock price on the date of each donation.

The Foundation reportsit still holds just under 101 million shares, now worth more than $7.8 billion.

This year's installment is just over 19 million shares of Baby Berkshires, worth $1,504,423,593 at the close.

That's 6.3 percent less than the value of last year's gift on the day it was made. Each year, Buffett donates fewer shares, and the stock is down 1.3 percent over the past 12 months.

In a 2006 letter to Microsoft's Chairman and his wife, Buffett outlined a long-term schedule that has him donating five percent fewer shares each July, when compared to the previous year.

Buffett's Annual BRK.B Stock Gifts to Gates Foundation

Number of Shares Share Price At Time of Gift Market Value Pct. Change
2006 25,000,000 $60.86 $1,521,500,000
2007 23,750,000 $74.28 $1,764,150,000 +15.9%
2008 22,562,500 $79.98 $1,804,548,750 +2.3%
2009 21,434,375 $58.48 $1,253,482,250 -30.5%
2010 20,362,656 $78.81 $1,604,780,939 +28.0%
2011 19,344,524 $77.77 $1,504,423,593 -6.3%
TOTALS 132,454,054 $72.13 $9,553,864,510
Adjusted to reflect 50-for-1 stock split in January, 2010

Current Berkshire stock prices:

Class B:

Class A:

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