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Warren Buffett Excludes Bill Gates Foundation from Donations Amid Epstein Scandal
๐Ÿ‡ซ๐Ÿ‡ฎ Finland /Economy & Trade

Warren Buffett Excludes Bill Gates Foundation from Donations Amid Epstein Scandal

From Helsingin Sanomat · () Finnish

Translated from Finnish, summarized and contextualized by DistantNews.

At a glance

News From a news agency Context piece
  • Warren Buffett has omitted Bill Gates' foundation from his annual donations for the first time in 20 years, according to AP.
  • Buffett announced a $6 billion donation of Berkshire Hathaway stock to four family-related foundations, excluding Gates' foundation which was previously a primary recipient.
  • The decision is reportedly linked to Bill Gates' past associations with Jeffrey Epstein, though Gates has denied involvement in Epstein's activities.

Billionaire investor Warren Buffett has excluded the Bill & Melinda Gates Foundation from his annual charitable donations for the first time in two decades, reports AP. Buffett, known as the "Oracle of Omaha," announced on Tuesday that he would donate $6 billion worth of Berkshire Hathaway stock to four foundations linked to his family.

Notably absent from this year's announcement was the Gates Foundation, which has historically been a major focus of Buffett's philanthropic efforts. Over the years, Buffett has gifted tens of billions of dollars to the foundation. This year, however, he made no mention of it, signaling a significant shift in his giving strategy.

Sources suggest the decision may be connected to Bill Gates' previously disclosed ties to Jeffrey Epstein, the financier convicted of sex offenses. While Gates has expressed regret for his association with Epstein and denied any participation in his activities, he has acknowledged being aware of the sex offense charges against Epstein and stated he should have investigated them more thoroughly. Gates has also indicated that Epstein's networks were a factor in maintaining contact, as Epstein claimed he could help raise billions for Gates' health initiatives.

Buffett and Gates have long been close friends and collaborators. However, Buffett told CNBC in March that he had not spoken to Gates in months, particularly after the Epstein documents were released in late 2025. Buffett expressed surprise at the number of wealthy and influential individuals entangled with Epstein. The exclusion of the Gates Foundation could significantly impact its funding base, although Buffett had previously stated in 2024 his intention to cease donations to the foundation after his death, leaving the distribution of the remainder to his three children. Buffett reiterated his commitment to donating nearly his entire fortune to charity, having given away nearly $65 billion since 2006.

DistantNews Editorial

Originally published by Helsingin Sanomat in Finnish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.