Warren Buffet’s son met Zelenskyy and offered to help rebuild Ukraine

  • Warren Buffett’s son met Ukrainian President Volodymyr Zelenskyy in Kyiv this week.
  • Zelenskyy invited Howard Buffett to help rebuild infrastructure and clear landmines.
  • He also discussed school canteen reform and support for displaced people with the philanthropist.

Warren Buffett’s son met Volodymyr Zelenskyy in Kyiv this week and offered to help Ukraine’s president rebuild his war-torn country and support its citizens as the Russian invasion rages on.

Zelenskyy has invited Howard Buffett to help restore irrigation in the port city of Odessa, help displaced people, clear landmines and reform school meals, the Ukrainian president said. said in a tweet on Wednesday.

The billionaire investor and CEO of Berkshire Hathaway, the eldest son of the Howard G. Buffett Foundation and former sheriff of Macon County, Illinois, also showed his support for Zelenskyy with a gift.

“You are the best lawman here in Ukraine, so I’m giving you my old sheriff’s badge from when I was a sheriff,” Buffett said. “So no one can question that you’re number one.”

Buffett’s foundation focuses on humanitarian and conservation issues, and counts global food security, conflict mitigation and public safety among its top priorities. It commanded $529 million in assets at the end of 2020, largely reflecting annual contributions from Warren Buffett. For example, the Berkshire stock investor’s donation last year was worth $223 million at the time of the donation.

While the young Buffett publicly kissed Zelenskyy, his father refrained from publicly commenting on the dispute. The Berkshire boss recently said he would stop speaking out on certain topics because he didn’t want to risk angering people and triggering boycotts of Berkshire businesses that would hurt his employees and shareholders.

However, the 91-year-old stock picker previously said he was avoiding investing in Russia after being threatened with violence and seizure of assets there. His business partner, Charlie Munger, compared Russian President Vladimir Putin’s last invasion of Ukraine to Nazi leader Adolf Hitler’s rampage across Europe during World War II.

More generally, the Berkshire leader warned against hoarding silver, gold or bitcoin during wars, and trumpeted that stocks were the safest long-term investment.

Read more: Insider interviewed the CEOs of See’s Candies, Dairy Queen, Borsheims and Brooks Running at Berkshire Hathaway’s annual meeting. They offered insight into Warren Buffett’s business and explained how they were handling the pandemic and inflation.

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