Warren Buffett, chairman of Berkshire Hathaway, has made significant changes to his will, opting to no longer continue donations to the Bill & Melinda Gates Foundation after his passing. Instead, he plans to allocate his vast fortune to a new charitable trust managed by his three children. Despite previously earmarking over 99% of his estate for philanthropic use, Mr. Buffett now expresses confidence in his children's values and ability to distribute his wealth appropriately. His recent donation of over $43 billion worth of shares to the Gates Foundation highlights his ongoing generosity. With his latest adjustments to his will, Mr. Buffett showcases his trust in his children and their philanthropic endeavors, while continuing to impact charitable causes both during his lifetime and after his passing.