29 July 2004

Wife Of Warren Buffett Dies Of Stroke

Posted by Zane under: News .

The wife of billionaire businessman Warren Buffett died Thursday of a stroke while she and her husband were visiting friends, a spokesman for Buffett’s company, Berkshire Hathaway, said.Susan Buffett was 71.

The spokesman told CNN the couple was visiting friends in Cody, Wyoming. While the Buffetts have been separated for years, they never divorced.

Susan Buffett had been a Berkshire Hathaway director since 1991, and owned 2.2 percent of the company’s stock, according to the company’s most recent proxy filing. She would have inherited Buffett’s fortune if he had died before her death. Buffett’s fortune is worth $42.9 billion, according to Fortune and Forbes magazines.

The company did not say in its statement what would happen to her interest in Berkshire. But Warren Buffett has said that if he outlived her, all off their stock would go to a family foundation upon his death.

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