On November 25th, Berkshire Hathaway announced that Warren Buffett will convert his 1600 Class A shares into 2.4 million Class B shares and donate 1.5 million Class B shares to the Susan Thompson Buffett Foundation. The Sherwood Foundation, Howard G. Buffett Foundation, and NoVo Foundation will each receive 300000 Class B shares.
According to last Friday's closing price, the price of Berkshire Hathaway's Class B shares is $476.57, which means the total amount of this gift is approximately $1.143 billion.