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

At the heart of his plan is a governance structure where his children must unanimously agree on philanthropic initiatives. If they cannot reach a consensus, selected trustees will intervene, aiming to protect his legacy from disputes and manipulation.

This method encourages his children to uphold his values while challenging existing philanthropic organizations.

Buffett has already committed $1.2 billion to four foundations, including the Gates Foundation, which has faced criticism for potentially centralizing philanthropic power.

He champions transparency by suggesting that parents disclose their wills to adult children, which may prevent future disputes and surprises.

His strategy invites questions about its viability as a model for other billionaires, highlighting a consciousness of mortality and the significance of legacy.

Buffett's plan goes beyond a simple will, urging a reevaluation of what a true legacy entails.