Warren Buffett has outlined his detailed plan for distributing his $150 billion fortune after his death, focusing on philanthropy and setting an example for wealthy individuals to impact society beyond their lifetimes.

A key component of his strategy is a governance framework requiring his children to unanimously agree on philanthropic causes, with appointed trustees intervening if they cannot reach a consensus, to protect his legacy from conflict and manipulation.

This approach pressures his children to uphold his values while critically assessing the role of existing philanthropic institutions.

Buffett has already committed $1.2 billion to four foundations, including the Gates Foundation, which has been criticized for potentially centralizing philanthropic influence.

He champions transparency by suggesting parents share their wills with adult children, potentially preventing future surprises and disputes.

His strategy prompts questions about its viability as a model for other billionaires, stressing an awareness of mortality and the significance of legacy.

Buffett's plan is more than just a will; it's an invitation to rethink the meaning of a true legacy.