From CNBC: 2024-11-25 09:05:49

Warren Buffett, with a $150 billion fortune, opposes dynastic wealth. He named three trustees for his philanthropy after his children. Instead of inheritance, he plans to give away 99% of his wealth. Successor trustees appointed may outlive his children. Buffett trusts his children with his assets and philanthropic goals.

Read more: Warren Buffett speaks out against creating family wealth dynasties, gives away another $1.1 billion