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Gates foundation sells off Buffett shares

Gates foundation sells off Buffett shares

The Bill and Melinda Gates Foundation has sold just over 36,000 shares of Warren Buffett's Berkshire Hathaway, according to a regulatory filing.

The organization sold the stock for $99.7 million from January 5 through Thursday.

Buffett, the famed investor, gave $30 billion worth of Berkshire Hathaway stock to the foundation in 2006.

The Gates foundation focuses on health care, poverty reduction, and technology access.

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