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Warren Buffett drops to lowest rank ever on Bloomberg Billionaires Index
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Billionaire Warren Buffett dropped to his lowest rank ever on the Bloomberg Billionaires Index this week after donating nearly $3 billion worth of his Berkshire Hathaway stock to five charities.
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BERKSHIRE HATHAWAY INC.
The donation, which included the Bill and Melinda Gates Foundation, was part of the 89-year-old CEO’s plan to eventually give all of his Berkshire stock to charity. He disclosed the annual gifts on Wednesday.