(Reuters) – Warren Buffett donated another $5.3 billion of Berkshire Hathaway (NYSE:) shares to five charities, his largest annual donation since he began making them in 2006.
The annual donation, announced Friday, includes about 13 million Berkshire Class B shares.
Buffett will donate 9.93 million shares to the Bill & Melinda Gates Foundation.
He is also donating 993,035 million shares to the Susan Thompson Buffett Foundation, named after his late first wife, and 695,122 shares to each of the three charities headed by his children Howard, Susan and Peter: the Howard G. Buffett Foundation, the Sherwood Foundation and the Sherwood. NoVo Foundation.
Buffett, 93, plans to give more than 99% of the wealth he made in Omaha, Nebraska, to Berkshire, the conglomerate he has run since 1965.
Even though Buffett gave away more than half of his shares to Berkshire, he is still worth $134.3 billion, making him the eighth richest person in the world, according to Forbes magazine.