Warren Buffett beats his own donation record

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Warren Buffett Breaks His Own Donation Record

Warren Buffett, you've outdone yourself.

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Warren Buffett beats his own donation record
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Warren Buffett beats his own donation record
*** Local Caption *** Warren Buffett
SUN VALLEY, ID - JULY 08: Warren Buffett, chairman of Berkshire Hathaway Inc., arrives for the Allen & Company Sun Valley Conference on July 8, 2014 in Sun Valley, Idaho. Many of the worlds wealthiest and most powerful businessmen from media, finance, and technology attend the annual week-long conference which is in its 32nd year. (Photo by Scott Olson/Getty Images)
SUN VALLEY, ID - JULY 12: Warren Buffett (L), chairman of Berkshire Hathaway Inc., walks with his wife Astrid at the Allen & Company Sun Valley Conference at the Sun Valley Resort on July 12, 2014 in Sun Valley, Idaho. Many of the world's wealthiest and most powerful executives from media, finance, and technology attend the week-long conference which is in its 32nd year. (Photo by Scott Olson/Getty Images)
UNITED STATES - NOVEMBER 13: Warren Buffett, right, chairman and CEO of Berkshire Group, talks to Conrad Teitell, principal at Cummings and Lockwood, LLC, before a Senate Finance Committee hearing on the federal Estate Tax. (Photo By Tom Williams/Roll Call/Getty Images)
231239 01: Warren Buffett announces the merger of Disney and Capital Cities, July 31, 1995. (Photo by Porter Gifford / Liaison Agency)
Warren Buffett and Republican gubernatorial candidate Arnold Schwarzenegger. (Photo by Steve Grayson/WireImage)
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., smiles during an interview in New York, U.S., on Tuesday, Oct. 22, 2013. Warren Buffett and his late first wife, Susan, gave and pledged billions to each of their three children to fund charitable foundations. Howard, an Illinois farmer, picked global hunger as his target. Photographer: Scott Eells/Bloomberg via Getty Images
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks during an interview in New York, U.S., on Tuesday, Oct. 22, 2013. Warren Buffett and his late first wife, Susan, gave and pledged billions to each of their three children to fund charitable foundations. Howard, an Illinois farmer, picked global hunger as his target. Photographer: Scott Eells/Bloomberg via Getty Images
UNITED STATES - MAY 09: Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks during an interview at Smith & Wollensky steakhouse on Wednesday, May 9, 2007, in New York. Billionaire Warren Buffett sat down over steaks today with an investor who paid $620,100 for the privilege. (Photo by Stephen Hilger/Bloomberg via Getty Images)
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks during an interview in New York, U.S., on Tuesday, Oct. 22, 2013. Warren Buffett and his late first wife, Susan, gave and pledged billions to each of their three children to fund charitable foundations. Howard, an Illinois farmer, picked global hunger as his target. Photographer: Scott Eells/Bloomberg via Getty Images
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Every year the billionaire donates stock from Berkshire Hathaway, which owns major companies like GEICO, Fruit of the Loom, and Dairy Queen.

This year, his donation to five charities was worth a total of $2.8 billion.

The biggest chunk went to the Bill and Melinda Gates Foundation. The billionaire's annual gift hit $2.1 billion, up from $2 billion last year.

Even though he gave more money, though, he actually gave less stock. Last year the foundation received 17.5 million shares. This year? Just 16.6.

As of this week, the stock has gained 8.4 percent since the start of the year.

These donations are part of a long-term plan for Buffett to give away nearly all of his fortune. He outlined the schedule in a letter to the Gates' in 2006 -- and since then, he's given their foundation more than $15 billion.

As the second wealthiest man in the world, though, Buffett has a way to go.

According to Forbes, he's currently worth $63.1 billion.

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