Warren Buffett drops Gates Foundation from $6 billion giving spree

Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleWarren Buffett, CEO of Berkshire Hathaway, attends the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019 (AFP/Getty)Warren Buffett has redirected approximately $6 billion in Berkshire Hathaway stock from the Bill & Melinda Gates Foundation to four family foundations as part of his annual midyear charitable giving. Buffett's decision follows renewed public scrutiny of Microsoft co-founder Bill Gates concerning his past association with convicted sex offender Jeffrey Epstein. The Berkshire Hathaway chairman did not explicitly state why the Gates Foundation was omitted from this year's donations, and neither organization immediately commented on the change. Since 2006, Buffett has donated over $47 billion in Berkshire stock to the Gates Foundation, fulfilling an "irrevocable pledge" to give away his fortune during his lifetime. The latest donations include 9 million Class B shares to the Susan Thompson Buffett Foundation and 1 million shares each to the Howard G. Buffett Foundation, the Sherwood Foundation, and the NoVo Foundation, with all remaining shares to be donated by December 31, 2034. In fullWarren Buffett pulls $6 billion in Gates Foundation funding amid renewed Epstein scrutinyMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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