Warren Buffett, the billionaire businessman, has made a significant move to allocate his roughly $150 billion estate to charitable foundations of his three children, Susie, Howard, and Peter, with a 10-year deadline to spend it within 10 years of his death. The plan requires unanimous approval from all three siblings, allowing for the maximum spending of $15 billion per year in charitable giving across the decade. This mandate would represent roughly 2.5 percent of the total donated to charity. Since 2006, Buffett has been gifting Berkshire Hathaway shares to each foundation each year, giving them all over two decades of hands-on experience. The structure of this plan is intentional to avoid potential wealth transfers by political hacks, dynastic choices, and inept philanthropists.