Gates foundation sells off Buffett shares
The private foundation lets go of more than 36,000 shares of Berkshire Hathaway, bringing in nearly $100 million.
Natalie Weinstein Former Senior Editor / News
I spent a decade as a reporter and editor before joining the CNET News staff as a copy editor in 2000, right before the dot-com bust.
Expertise Copy editing. Curating, editing and reading newsletters of all stripes. Playing any word-related game, specifically Scrabble, Wordle and Boggle. Credentials
- I've been a journalist for more than three decades. I was a finalist in the 2021 Digiday Media Award for Best Newsletter.
The Bill and Melinda Gates Foundation has sold just over 36,000 shares of Warren Buffett's Berkshire Hathaway, according to a regulatory filing.
The organization sold the stock for $99.7 million from January 5 through Thursday.
Buffett, the famed investor, gave $30 billion worth of Berkshire Hathaway stock to the foundation in 2006.
The Gates foundation focuses on health care, poverty reduction, and technology access.
(Via MarketWatch)