It's my observation and opinion you're one of those rare people unable to comprehend or feel sadness.
He might trust his children but not his children's children's children. History is full of examples of money tearing apart families. As far as lots of money being fantastically wonderful show an example if you would. It seems to make one a big target. Case in point--Swimr
I would do exactly the same thing. Since when do you need billions to have a wonderful life. In all likelihood they'd end up fighting over it. Also, most smart and rich people seem to go this route. I've been in a decades long fight over an inheritance, what initially seemed like an asset has turned into a liability, I definitely wouldn't want my kids to experience that.
Yeah, i understand. I am witnessing similar But NOT sharing fairly with kids will definitely launch total war after WB passes away.
A resource on all things Buffett... contains much more than I really wanted to know : https://en.wikipedia.org/wiki/Warren_Buffett
Buffett said: "My family won't receive huge amounts of my net worth. That doesn't mean they'll get nothing. My children have already received some money from me and Susie and will receive more. I still believe in the philosophy ... that a very rich person should leave his kids enough to do anything but not enough to do nothing." How is that not sharing fairly? When I read about the huge property fights, it's more often about huge inheritances. Receiving billions doesn't make anyone less greedy, it makes them greedier.