FRI, JAN 27, 2023
Forbes: Buffett is 'likely the biggest philanthropist of all time'
Warren Buffett again tops the annual Forbes ranking of America's 25 most generous givers, with an estimated $5.4 billion in donations in 2022.
Bill Gates and Melinda French Gates are second with $5 billion. The magazine notes that Mr. Gates gave $20 billion to the Gates Foundation in July, but it only counts "contributions paid out by those foundations, rather than gifts made to them."
Forbes says that since pledging in 2006 to give away almost all of his fortune, Buffett has donated $51.5 billion, making him "likely the biggest philanthropist of all time."
Warren Buffett, Melinda Gates French, and Bill Gates on CNBC's "Squawk Box" in 2015. Photo: CNBC/Lacy O'Toole
While the majority of that money has been given to the Gates Foundation and will continue to go there under the plan he outlined 17 years ago, Buffett resigned as one of its trustees in 2021.
And The Wall Street Journal reported last year that Buffett may be planning to direct as much as $100 billion of his unpledged fortune to a family foundation that supports abortion rights, instead of having it go to the Gates Foundation.
Berkshire is on Morningstar's list of undervalued stocks
Berkshire Hathaway is one of Morningstar's "33 Undervalued Stocks for Q1 2023."
The investment services firm says that after last year's losses, "stocks look downright cheap according to our metrics" going into this year.
It estimates Berkshire's stock price was 84% of its fair value as of the end of December and gave it four stars out of five.
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BERKSHIRE'S TOP U.S. STOCK HOLDINGS - Jan. 27, 2023
Berkshire's top holdings of disclosed publicly-traded U.S. stocks, and BYD, by market value, based on today's closing prices.
Holdings are as of September 30, 2022 as reported in Berkshire Hathaway’s 13F filing on November 14, 2022, except for:
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