Never wished to create a dynasty: Buffett as he donates $1.14 bn

Berkshire Hathaway Chairman Warren Buffett donated about $1.14 billion of Berkshire stock to four family foundations on Monday. Buffett, who wants his three children to distribute all his shares worth around $150 billion after his death, said, "I've never wished to create a dynasty." He also nominated three potential successor trustees in case his children can't serve.