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A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. When Peter Buffett learned that he and his siblings would be in charge of giving away the fortunes of their father, Warren Buffett, his response was clear. “I did not want it,” Peter Buffett told CNBC. “I called him up and said, ‘I want to opt out.’ He said, ‘I don’t blame you.’ It obviously puts an enormous about of pressure on us.” In 2024, Warren Buffett announced that after his death, his fortune would be directed to a new charitable foundation overseen by his three children, Susan A. (Susie) Buffett, Howard G. (Howie) Buffett and Peter Buffett. The 95-year-old’s wealth is now estimated at more than $150 billion, according to Bloomberg. Adding to the challenge, the legendary investor requested that all the money be given away within 10 years of his death. Another catch: All three must unanimously agree on how to disburse the funds. The magnitude of Buffett’s wealth means his children will need to give away at least $15 billion a year, which would equal about 4% of annual charitable giving in America, according to data from Giving USA through 2024. The amounts are likely to increase even further with time, as Buffett’s fortune continues to grow. “It’s something nobody has done, certainly not as a family,” Howie Buffett said. Adds Susie Buffett: “It’s just so much money.” The bequest has suddenly thrown the low-profile Buffett children into the spotlight. After  Warren Buffett’s death, Susie, Howie and Peter will become three of the most important philanthropists in the world, scrutinized by the media, widely followed by other wealthy donors and barraged with requests for funds. In…

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Filed under: News - @ January 15, 2026 4:25 pm