Warren Buffett Entrusts His Children With ‘Not So Easy’ Task To Donate His $143 Billion Wealth; Eldest Son To Become Next Berkshire Hathaway Chairman

Warren Buffett Entrusts His Children With ‘Not So Easy’ Task To Donate His 3 Billion Wealth; Eldest Son To Become Next Berkshire Hathaway Chairman

Berkshire Hathaway chair Warren Buffett is the sixth wealthiest person in the world, with a net worth of $143.7 billion. The 94-year-old billionaire investor appears to prioritise his estate plans while continuing to steer Berkshire’s investment decisions. The Oracle of Omaha has decided to donate his entire wealth to charitable trusts when he passes away. … Read more

SA political parties declare record donations haul

SA political parties declare record donations haul

The Democratic Alliance (DA) received R56 million in donations and is one of the political parties with the highest amount in the first quarter of the 2024-2025 financial year. On Friday, the Electoral Commission of South Africa (IEC) published the first quarter political funding disclosure report for the financial year 2024/2025. The report covers the … Read more

Akshay Kumar donates money for Haji Ali Dargah renovation ahead of Khel Khel Mein release : Bollywood News

Akshay Kumar donates money for Haji Ali Dargah renovation ahead of Khel Khel Mein release : Bollywood News

Bollywood actor Akshay Kumar, who is eagerly awaiting the release of his upcoming film Khel Khel Mein, made a significant visit to the revered Haji Ali Dargah in Mumbai. The actor sought blessings ahead of the film’s release, which is scheduled for August 15. A video of Akshay at the dargah has surfaced on social … Read more

Bumble founder Whitney Wolfe Herd wins $1M March Madness competition

Bumble founder Whitney Wolfe Herd wins M March Madness competition

Whitney Wolfe Herd, the millionaire founder of dating app Bumble, won the top prize for Bloomberg’s men’s March Madness charity challenge by impressively picking 43 of 63 games accurately. Her bracket picks included correctly choosing the entire Midwest region, and betting that the University of Connecticut would beat Indiana’s Purdue University in Monday’s match-up. UConn, … Read more

Trusts fear new tax to shrink coffers, hurt charity work

Trusts fear new tax to shrink coffers, hurt charity work

Mumbai: Large trusts of corporate houses, CSR foundations, and many non-profits are in a dilemma as the March 15 deadline for advance tax approaches. The bone of contention is a new law that kicked in from FY24 and imposes a tax on the slice of the money that larger trusts give to smaller NGOs doing … Read more

electoral bonds scheme: SC to announce verdict on electoral bonds scheme: What is it and how is it connected with poll funding?

electoral bonds scheme: SC to announce verdict on electoral bonds scheme: What is it and how is it connected with poll funding?

The Supreme Court is poised to deliver its verdict on a series of petitions challenging the validity of the electoral bond scheme. This decision follows a five-judge bench, led by Chief Justice of India DY Chandrachud, reserving its judgment on the matter last year on November 2. The bench also comprised Justices Sanjiv Khanna, BR … Read more