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Warren Buffett’s fortune could exceed $150 billion, but the plan for giving it away may be just as remarkable as how it was built. The Berkshire Hathaway chairman has structured a unique philanthropic strategy that will put his three children in charge of distributing most of his wealth after his death. Susie Buffett, Howard Buffett, and Peter Buffett will oversee how the funds are directed to charitable causes. The timeline is aggressive. Buffett has said he wants the bulk of his fortune donated within about 10 years, meaning tens of billions of dollars could be distributed each year. But there is a major rule. Every large donation must be unanimously approved by all three siblings. No majority vote. Every major philanthropic decision must have full agreement. And accepting that responsibility wasn’t automatic. Peter Buffett has said his first reaction was hesitation and that he even told his father he wanted to opt out of the role. Buffett reportedly responded that he didn’t bl...

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