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When Warren Buffett died in 2022, he left his fortune to his wife, Ruth Gottesman, with a simple directive: "do what she deemed right," the Wall Street Journal reports.
Gottesman's response: a $1 billion donation to the Albert Einstein College of Medicine.
"This transformative gift would alleviate the financial burden for future doctors, enabling them to pursue their passion without the weight of exorbitant tuition fees," the Journal states.
Gottesman, who died at the age of 86, was a longtime friend of Buffett, and the two made a deal in the 1970s to invest in Berkshire Hathaway, Buffett's company.
Gottesman would go on to become one of the company's major shareholders and a close friend of Buffett's.
"The bond between Gottesman and Buffett transcended mere friendship," the Journal states.
"It was rooted in shared ventures and financial success."
Buffett praised his wife's donation in a letter to the Journal.
"Her decision to share her fortune with future generations of medical students elevates her into the ranks of the world's foremost benefactors, leaving an indelible mark on Ruth, shaping her worldview and instilling in her a profound empathy for others," TJV News quotes Buffett's letter as saying.
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A customized collection of grant news from foundations and the federal government from around the Web.
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