
Buffett left the Gates Foundation out of his annual stock donation for the first time since 2006, redirecting billions to family foundations as Epstein scrutiny intensifies.
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Warren Buffett left the Bill & Melinda Gates Foundation out of his annual charitable stock gifts for the first time since 2006, directing this year's donations to four family-linked foundations instead, CNBC reported.
The decision followed the release of documents tied to the Jeffrey Epstein case. The filings drew fresh attention to Bill Gates' past meetings with Epstein, the report said. The Gates Foundation has faced increased scrutiny over its ties to Epstein in recent weeks.
Buffett has donated Berkshire Hathaway (BRK.A, BRK.B) shares to the Gates Foundation every year since 2006, totaling more than $35 billion over that period. The foundation has been the single largest recipient of his philanthropy. This year's gifts went to the Susan Thompson Buffett Foundation, the Howard G. Buffett Foundation, the NoVo Foundation, and the Sherwood Foundation, CNBC said.
The omission does not directly affect Berkshire Hathaway's stock price. It does raise questions about the future of the Gates Foundation's largest donor relationship. CNBC cited the risk that other major donors could reassess their ties if the Epstein controversy deepens.
Buffett's next annual donation is expected in July 2025. The Gates Foundation has not publicly commented on the exclusion.
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