Business US & Canada

Buffett Halts Gates Foundation Donations

Buffett Halts Gates Foundation Donations

Buffett disclosed he is donating about $6 billion of Berkshire Hathaway stock to four family foundations, withholding the usual gift to the Gates Foundation for the first time in over twenty years.

The decision came weeks after Bill Gates faced congressional questioning over his relationship with Epstein, and as the foundation commissioned an external legal review.

Buffett, who has pledged to give away his entire fortune, said he still intends to distribute all his Berkshire holdings within eight years.

The rupture marks a historic shift in one of the world’s most influential philanthropic partnerships.

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