FRI, JUN 17, 2022
Buffett lunch auction heading to record high price above $13M
Since 2000, the Buffett lunch auctions have raised more than $34 million for Glide in San Francisco.
It calls itself a "nationally recognized center for social justice, dedicated to fighting systemic injustices, creating pathways out of poverty and crisis, and transforming lives."
Buffett's first wife, Susan, volunteered for the organization before her death in 2004.
This year's event will be end last in the series. No word on why Buffett is ending the tradition.
Buffett gives away another $4 billion
The remaining $1 billion is going to family foundations.
Before he started his annual donations, Buffett owned almost 475 thousand Class A shares valued at more than $40 billion at the time. He now has 229 thousand.
The almost 246 thousand shares he has contributed would be worth $99 billion at their current price of more than $403 thousand per share.
His current net worth is estimated at $93 billion by Forbes. If he had held on to those shares, it would be around $192 billion. That would put him in second place after Elon Musk's estimated $214 billion and ahead of the $139 billion estimate for Bernard Arnault and his family.
Howard Buffett's foundation donates $2.7M to support Ukraine
Howard Buffett, Warren's oldest son, runs one of the family foundations receiving a donation.
Last week, he was in Kyiv for a meeting with Ukrainian President Volodymyr Zelenskyy.
Early this week, he told CNBC's "Squawk Box" that his charity is donating $2.7 million to a citizen-funded nonprofit that will deliver nine 50-passenger buses to the Ukrainian Territory Defense Forces.
"I’ve never quite seen anything like this in my lifetime. It’s millions of refugees trying to leave the country and it’s just an overwhelming situation for the country... I believe we’ve got to support Ukraine in this fight. It’s a difficult fight for them."
BUFFETT AROUND THE INTERNET
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BERKSHIRE'S TOP U.S. STOCK HOLDINGS - June 17, 2022
Berkshire's top holdings of disclosed publicly-traded U.S. stocks by market value, based on today's closing prices.
Holdings are as of March 31, 2022 as reported in Berkshire Hathaway’s 13F filing on May 16, 2022, except for Apple, Bank of America, and U.S. Bancorp, which also include shares held as of Mar 31, 2022 as disclosed in New England Asset Management’s 13F filing on May 14, 2022, and except for Occidental Petroleum, which is as of May 12, 2022.
In addition to U.S. stocks, shares held as of December 31, 2021 of China's BYD, as listed in Buffett's 2021 letter to shareholders, are included. The price of those shares in U.S. trading is used to approximate the current market value of the position. The value of the stake as a percentage of the company's market value is fixed at what was listed as of December 31, 2021 in the letter.
The full list of holdings and current market values is available from CNBC.com's Berkshire Hathaway Portfolio Tracker.
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-- Alex Crippen, Editor, Warren Buffett Watch