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Warren Buffett Updates Will: Wealth to Be Managed by His Children After Passing
Warren Buffett has revealed changes to his will, stating that after his death, his wealth will be managed by a new charitable trust overseen by his three children, rather than continuing donations to the Bill & Melinda Gates Foundation. He expressed complete trust in his children’s values and their management of his philanthropic legacy. Currently, he continues to donate to the Gates Foundation during his lifetime, recently converting shares for charitable distribution. Buffett’s estate remains significantly committed to philanthropy, with his shares valued at around $128 billion.