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Baker's Take· 28 sources

Buffett Redirects Massive Berkshire Donation to Family Foundations, Ending Gates Foundation Era

By

Mr Bagel

· 8h ago

Billionaire Warren Buffett has omitted the Bill & Melinda Gates Foundation from his annual charitable stock donation for the first time in 20 years, instead directing roughly $6 billion to four foundations linked to his own family. The move, reported by multiple outlets, breaks a tradition of annual gifts that began in 2006 and has drawn new attention to ties between Microsoft co-founder Bill Gates and convicted sex offender Jeffrey Epstein.

Buffett Redirects Massive Berkshire Donation to Family Foundations, Ending Gates Foundation Era

According to Forbes, Buffett donated $4.4 billion worth of Berkshire Hathaway shares to the Susan Thompson Buffett Foundation, with approximately $496 million each going to the Sherwood Foundation, the Howard G. Buffett Foundation, and the Novo Foundation. Quartz reported that Buffett directed 12 million Class B shares to the four family-linked foundations, ending roughly two decades of annual gifts to the Gates Foundation.

The omission comes after disclosures of Bill Gates' connections to Jeffrey Epstein, as noted by WKMG News 6 and Town & Country. Quartz similarly reported that Buffett dropped the Gates Foundation from his annual donation over Epstein concerns, while ZeroHedge highlighted the Epstein scandal casting a shadow over Gates and the foundation.

In his announcement, the 95-year-old Berkshire Hathaway chairman outlined his long-term plan for his wealth. "My goal is to dispose of all of my Berkshire shares within about eight years." :: ZeroHedge The statement underscores Buffett's ongoing effort to give away his fortune, but the shift away from the Gates Foundation marks a notable change in his philanthropic approach.

Crypto Briefing characterized the decision as more than a routine adjustment. "Buffett's decision signals potential shifts in philanthropic strategies, impacting the Gates Foundation's financial stability and credibility." :: Crypto Briefing The analysis points to broader implications for the world's largest private foundation, which has relied on Buffett's annual contributions since 2006.

In total, the donations represent a significant reallocation of Buffett's wealth, ending a relationship that had been a cornerstone of both the Gates Foundation's funding and the public narrative around billionaire philanthropy. As noted by Forbes and Quartz, the tradition of annual gifts that began nearly two decades ago has now been replaced by a focus on the Buffett family's own charitable entities.

The reporting

28 outlets covered this story. Each links to the original.

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