Is Warren Buffet against dynastic wealth? The veteran investor has given away an additional $1.1 bn in Berkshire Hathaway stock to his family's four foundations. He says, 'I’ve never wished to create a dynasty or pursue any plan that extended beyond the children.

Investor Warren Buffett on Monday announced that he is donating more than $1.1 billion of Berkshire Hathaway stock to four of his family’s foundations. The billionaire renewed his Thanksgiving tradition of donating with the move and also shared new details about who will be giving out the rest of his wealth post his demise.