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Buffett Pauses Gates Donation Amid Epstein Review | Business and Finance News
Description
Warren Buffett is pausing his annual $1 billion gift to the Gates Foundation, breaking a 20-year streak, as he waits for the outcome of a review into the foundation’s past ties with Jeffrey Epstein. Buffett, who’s donated billions in Berkshire Hathaway stock since 2006, hasn’t spoken to Bill Gates since the Epstein documents surfaced, citing a desire to avoid potential testimony. Gates has called his past meetings with Epstein a “grave error in judgment,” admitting he didn’t know Epstein was a registered sex offender until later. The review is expected to conclude this summer, and Buffett may resume his donation around Thanksgiving — but only if the findings clear the way. The world is watching closely as this pause could reshape philanthropy’s future.
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