Business US & Canada

Buffett Halts Gates Foundation Donations

Buffett Halts Gates Foundation Donations

Warren Buffett has stopped his annual donations to the Bill & Melinda Gates Foundation, directing nearly $6 billion to family-linked charities instead, after revelations of the foundation’s ties to Jeffrey Epstein.

The move ends a two-decade giving tradition and follows an outside legal review of the charity’s connections to the convicted sex offender.

Buffett, 95, announced a new round of donations of Berkshire Hathaway stock but left the Gates Foundation off the list for the first time.

The decision marks a significant rupture in one of the world’s most prominent philanthropic partnerships.

Warren Buffett
American investor, entrepreneur and businessman
Bill Gates
American businessman, investor, and philanthropist (born 1955)
Gates Foundation
Private foundation founded by Bill and Melinda Gates
Jeffrey Epstein
American financier and sex offender (1953–2019)
Berkshire Hathaway
American multinational conglomerate holding company