Warren Buffett, billionaire director of Berkshire Hathaway, has announced his intention to give away his 42 billion dollar (that's forty two comma naught-naught-naught comma naught-naught-naught comma naught-naught-naught E pluribus unims) to various foundations. Mark in Mexico has respectfully requested that his own foundation be considered for some of this largesse.
The Mark in Mexico Todo4Mio Foundation is pictured on your left. No, your other left, you moron. This foundation's major goal is to be eventually completed.
Buffett will begin giving away his Class B Berkshire stock next year. Class B Berkshire stock is trading at $3,071 per share. Ahem. He will also have to eventually convert some of his Class A stock in order to complete his pledged gifts. Class A Berkshire stock is currently trading at $92,100 per share. Ahem, twice.
Pictured here is the artists conception of the foundation after it is completed, if ever. Mr. Buffett has announced that he will begin transferring 5% of the Class B stock, now valued at $37 billion, next year. Since there are 5 foundations involved and Todo4Mio fully expects to be included, that means that I, or rather, my foundation can expect to receive 5% of 20% of $37 billion next year. That would be, um, point two, times point naught five, times, ummm, naught naught naught, ah, $$$37,000,000$$$ dollars United States coin of the realm.
This should come as great news to all my fellow bloggers which is why I am so happy to share it with you. I will soon be able to visit the website of each and every one of you and leave behind a generous $5 in your tip jar.
After the completion of the foundation's goal, which is its eventual completion, if ever, you all will be welcome to come for a visit. Please remember to bring an outdated Sears Roebuck catalog with you when you drop by.
for art, gifts and collectibles -- all hand made
by Mexican indigenous artists.
TAGS: Warren Buffett, really rich guy