Warren Buffett donates $870 million to charities ahead of Thanksgiving | CNN Business

New York CNN  — 

Warren Buffett is donating about $870 million to four family-run foundations ahead of the Thanksgiving holiday, continuing a tradition of giving away his massive wealth of about $120 billion.

The donations are in the form of shares, with a release from his Berkshire Hathaway conglomerate detailing that 1.5 million shares are going to the Susan Thompson Buffett Foundation, which is named after his wife. Another 900,000 shares are being divided evenly among three charities run by his children.

Buffett said the donations “repeat those made at Thanksgiving last year” and that they

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