Rosa Parks just made a few people richer. The civil rights pioneer’s belongings were recently auctioned off for $4.5 million. The sale was made to a foundation ran by Howard G. Buffett, son of Warren Buffett.
Although Buffett would only confirm the purchase and not the price, Lawerence Pepper, a lawyer for Parks’ family quoted the price to the Associated Press.
Pepper also noted that 12.5% would be going to an auction house and 20% goes to Parks’ relatives. The rest will go to the Rosa & Raymond Parks Institute for Self Development in Detroit.
Buffett told CNN Money that his mother would think that it was something that should get done. Buffett said he was drawn by the cache’s historic importance and became involved after seeing a TV news report it.