Buffett Cuts Gates Donations
Buffett pauses gifts to the Gates Foundation after Bill Gates' Epstein ties surfaced.
Summary
Warren Buffett omitted the Gates Foundation from his annual Berkshire Hathaway stock donations this year, after disclosures about Bill Gates’ ties to convicted sex offender Jeffrey Epstein. Buffett instead said he will give about $6 billion to four foundations connected to his family and did not include Gates’ charity, which had received more than $43 billion in Berkshire stock from him since 2006. He also said he aims to dispose of all his remaining Berkshire shares within eight years, by 2034.
Coverage Angles
Epstein Fallout
BalancedBuffett dropped the Gates Foundation because Bill Gates’ ties to Jeffrey Epstein made the association too toxic. The omission is a public rebuke of Gates and a consequence of the Epstein revelations.


