#askwarren: Why are you & by your largesse @gatesfoundation unconcerned about being major DAPL investors?

Substantiation: "Counterpunch made mention of Warren Buffett, invested in Phillips 66 at over $6.8 billion through Warren Buffett’s holding company Berkshire Hathaway, making Berkshire Hathaway the majority shareholder of Phillips 66 at 22% at one point. (The second ranked investor, Vanguard Group, sits at 8%, which means they've remained in that position.) Phillips66 is Berkshire Hathaway’s 6th largest holding and 5th largest percent stake. Phillips 66 is responsible for building the Dakota Access Pipeline."

"Phillips 66 has a 25% stake in the Dakota Access Pipeline."

"Back in 2006 Buffett matched Gates Foundation’s funding 50%, to the tune of $30 billion -which he gives them incrementally in Berkshire Hathaway shares at a rate of 5% annually, -which brings us right back to the beginning financials I labored to show you, because that’s right, 54% of Gates Foundation portfolio is Berkshire Hathaway stock (2nd quarter, 2015). The second ranking in the portfolio, CN, is only 5.81%. (This puts Gates Foundation’s BH holding at 58% with CN as the third ranked investment for the third quarter, 2016.)"

"According to this latest figure, Gates Foundation was invested in Berkshire Hathaway at $10.74 billion. 15.77% of Berkshire Hathaway’s portfolio has majority control of Phillips 66. That’s the equivalent of a $1.69 billion investment in Phillips 66 on the part of the Gates Foundation."

"Furthermore, Bill Gates has been sitting on Berkshire’s Hathaway’s Board of Directors since 2005."

Source quotes from "How Bono's RED became the color of philanthrowashing done right for the Dakota Access Pipeline"

This means that Warren Buffett is invested in the Dakota Access Pipeline more than ten times as much as any of the banks being subject to boycott, who are maximally loaning credit in the range between $500 and $600 million. It also means Gates Foundation is invested over three times as much.

PS: Since the documentation I provided of Berkshire Hathaway's investment in Phillips 66 is in fact a real time portfolio tracker I should have obtained a screenshot of where it stood at time of publication. I've corrected that mistake somewhat by providing screenshot(s) of its status on March 5th, 2017 at 3:30 pm. It has lost approximately $500 million as of this date (since the article's publication) and Berkshire Hathaway's holding has gone from over $6.8 billion to being over $6.3 billion. It has moved from being Berkshire Hathaway's 5th largest percent stake (in the company itself, -from being 15.77% to being 15.58%) to 6th. (See Below)


It appears to have been knocked out of postion as Berkshire Hathaway's 6th largest financial holding to 7th. Notably Wells Fargo of fraud and DAPL boycott fame sits in 2nd place at $28 billion, which is something of a big oops, but not exactly a new one (no. not Reuters. you wish). It is also another company where he is the largest investor, declaring after this scandal that is was a 'great bank'. It's scandals since then have blown sky high, with even the chickens from their handling of mortgages pre-2008 financial crisis coming home to roost.

(Scroll Below) 

"The greatest target, however, is Americans themselves in the cultivation of complacency; -in light of the social engineering exercises being undertaken by U2's billionaire sponsors under the guise of philanthropy (scroll down to the questions), -not to mention U2's philanthrowashing provides cover and avoidance of the (continuedfraud and other nefarious outcomes of their billionaire sponsors' investments. (The miscreant, Wells Fargo's shares are a nest egg for RED/ONE due to Gates Foundation's being 55% bankrolled by Berkshire Hathaway shares.) Who needs to penalize or replace executives when the philanthrowash media fix is already in by direct funding? (ONE/RED funder Warren Buffett has majority control of Wells Fargo at over $28 billion. He could vote for it.) Nor is the financial dependency of ONE/RED to be taken lightly considering the buckets of cash (literally over $100 billion) Warren Buffett has at his disposal to lobby say, for this Republican piece of legislation, considered 'the equivalent of Republicans handing out a get-out-of-jail-free card to Wells Fargo and to Equifax'.

Source: "How U2's Joshua Tree Tour 2017 Acclimates US Theocratic Fascism" - Pamel Williams