Buffett severs donations to Gates Foundation following Epstein revelations
5 hours ago
- #Warren Buffett
- #Bill Gates
- #Philanthropy
- Warren Buffett has ceased donations to the Gates Foundation due to Bill Gates's connections with Jeffrey Epstein.
- Buffett is redirecting approximately $6 billion in Berkshire Hathaway stock to four family foundations overseen by his children.
- The Gates Foundation had received over $47 billion from Buffett since 2006, but he did not mention it in his latest announcement.
- Buffett plans to donate all remaining shares to the four foundations by December 31, 2034, regardless of mortality.
- Bill Gates's reputation has been damaged by released files showing interactions with Epstein, though he denies any criminal involvement.
- The donations will support causes including reproductive health, global hunger, human trafficking, early childhood education, and marginalized women and girls.