Warren Buffett donates $3.6 billion of Berkshire stock to five foundations

Warren Buffett agreed to donate $3.6 billion worth of Berkshire Hathaway Inc. stock to five charities, including the Bill & Melinda Gates Foundation, in his latest disposal since making a pledge to give the shares away.

That brings the total amount of stock he’s given the foundations to about $34 billion since he made the pledge in 2006, according to a statement Monday. The recipient foundations also include charities named for his late wife and ones run by his children.

Buffett has spent more than five decades crafting Berkshire Hathaway into a company with a market value of more than