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Warren Buffett omits Gates Foundation from annual Berkshire gift

financeJul 14, 2026193,564

Warren Buffett omitted the Bill & Melinda Gates Foundation from this year’s round of Berkshire Hathaway stock donations after disclosures about Bill Gates’ ties to convicted sex offender Jeffrey Epstein. Buffett said he will donate about $6 billion in shares this year to four foundations connected to his family, including about $4.5 billion to the Susan Thompson Buffett Foundation and about $500 million each to the Sherwood Foundation, the Howard G. Buffett Foundation and the Novo Foundation. Buffett said he wants all of his remaining Berkshire Hathaway stock, worth more than $140 billion, donated to charity by December 31, 2034, instead of leaving distribution decisions to his three children within 10 years of his death. The majority of Buffett’s past gifts, totaling more than $61 billion since 2006, had gone to the Gates Foundation. Gates denies knowledge of Epstein’s crimes and has not been accused of wrongdoing, saying he met Epstein to try to raise funds for charitable causes. Buffett and the Gates Foundation did not immediately respond to questions; CNBC said Buffett is scheduled to give an exclusive interview on the topic Wednesday morning. Buffett previously said in 2024 that he planned to cut off donations to the Gates Foundation after his death; Tuesday’s decision accelerates that plan.

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Warren Buffett dumped Bill Gates. After nearly 20 years of major donations to the Bill & Melinda Gates Foundation, Buffett is out after Gates’ ties to Jeffrey Epstein were confirmed. Buffett will instead distribute his fortune through his children’s foundations. www.reuters.com/world/us/war...

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