Giving away the Buffett fortune

Summary

Becky Quick interviews Warren Buffett's three children about their responsibility to give away his fortune. Susan, Howard, and Peter Buffett describe their separate philanthropic foundations, how they learned of the plan, and the unanimous-vote structure they will operate under. They discuss lessons from decades of giving, including rule of law, local presence, risk tolerance, and balancing rapid spending with Berkshire voting-share control. The conversation is primarily philanthropic and personal, with no clear investment recommendations beyond a Berkshire governance watch.

• Warren Buffett's children discuss being asked to give away his fortune.
• They describe separate foundations and a unanimous decision rule.
• Howard focuses on international conflict and post-conflict regions.
• Susan focuses on Omaha, Nebraska, early childhood, and social justice.
• Peter emphasizes place-based philanthropy and applied philosophy.
• Lessons include rule of law, local presence, trust, and risk-taking.
• They flag the tension between rapid giving and Berkshire voting-share control.
• USAID cuts and private-foundation payout practices are discussed.