Warren Buffett's coup against Bill Gates in his will...and the old billionaire's investment strategy

 Warren Buffett's coup against Bill Gates in his will...and the old billionaire's investment strategy.

 The aging billionaire's estimated $ 128 billion fortune isn't going away. Warren Buffett has decided in his latest announcement that his fortune, which he pledged to give 99% of to charity after his death, has been slightly redirected

After 30 years of friendship between Warren Buffett and Bill Gates, during which Warren Buffett made continuous donations to the Bill & Melinda Gates Foundation, which was, according to his previously announced will, one of 5 charitable foundations between which 99% of Warren Buffett's wealth would be divided, this has changed and the Gates Foundation is no longer part of Buffett's wealth will

Developments in Buffett's relationship with the Melinda Gates Foundation

Bill Gates, co-founder of Microsoft, joined Berkshire Hathaway's board of directors in 2004 until 2020 when he also resigned from the board of Microsoft (NASDAQ: MSFT ) and devoted himself to philanthropy. On the other hand, Buffett joined the board of the Bill & Melinda Gates Foundation until 2021, when he resigned shortly after Gates and Melinda announced their divorce, stating at the time: My goals are 100 percent aligned with the goals of the foundation, and my personal involvement is in no way necessary to achieve those goals

In 2006, the billionaire known as the “Sage of Omaha” pledged 85% of his Berkshire shares to charity, with the bulk of that donation going to Bill & Melinda Gates. But in a recent interview with the Wall Street Journal, Buffett said he has rewritten his will again, and that donations to the Melinda & Gates Foundation will stop after his death. "The Gates Foundation will not receive donations after my death," he said The billionaire did not give a reason for his change of heart, but it would leave the Melinda Gates Foundation with a financial deficit