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The Latest Breaking News from The Gates Foundation

Warren Buffett is handing $140 billion to his family's foundations. The way he's doing it reveals how billionaire philanthropy really works

People assumed Buffett was avoiding taxes or warehousing the money. Experts say the more telling question is how he's giving it away.

Fortune

Warren Buffett called Bill Gates' Epstein ties 'distasteful' and pulled out of the Gates Foundation. Days later, a review revealed 30 meetings

The Gates Foundation met with Jeffrey Epstein about 30 times, an external review found, even as staff raised concerns.

Fortune

'I may be one of the 10 luckiest': Warren Buffett says birth, timing and luck shaped his $147 billion fortune more than investing skill

Warren Buffett has spent decades being celebrated as one of history's greatest investors, building a fortune estimated at around $147 billion through Berkshire Hathaway. Yet the billionaire says the biggest reason for his success was never stock-picking or business instinct alone. Ahead of his 96th birthday, Buffett reflected on a…

The Times of India

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Bill Gates foundation met with Jeffrey Epstein about 30 times, external review finds

Staff ‘raised on multiple occasions’ risks of tech mogul’s philanthropic body associating with disgraced financier

The Guardian - US

Warren Buffett says Bill Gates knew Gates Foundation would receive no more donations, says he 'made mistakes' over Epstein and trusts his children with his fortune

Warren Buffett has confirmed that the Bill & Melinda Gates Foundation will no longer receive any future donations from him, ending a philanthropic partnership that lasted more than two decades. The 95-year-old Berkshire Hathaway chairman said the decision was part of a broader review of his estate plans and not…

The Times of India

Gates foundation held dozens of meetings with Epstein despite staff warnings, review says

These encounters, spanning from 2011 to 2014, reportedly centered on a public health fund that never materialized

The Independent UK

Gates Foundation finds no evidence of wrongdoing in Epstein review, approves new governance measures

The Gates Foundation conducted an external review that concluded there was no evidence of misconduct related to its interactions with Jeffrey Epstein. The foundation emphasized that its main dealings were centered on a potential fund and grants for polio eradication. In response, its Governing Board unanimously approved new governance measures,…

The Times of India

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Warren Buffett says his $147 billion investing career was an accident: ‘I may be one of the 10 luckiest in the world’

The billionaire says luck, not just skill, has been a defining force behind his investing career.

Fortune

Even before he was wealthy, Warren Buffett planned to give away all his money—now he doesn't check on his children's charities to see how they use it

"I tell the three children that it is theirs and it's their responsibility to get it done well," Buffett said.

Fortune

Serum Institute partners with Gates MRI to make experimental TB vaccine

Serum Institute will manufacture an experimental tuberculosis vaccine. This novel vaccine candidate is currently in late-stage clinical trials. Gates Medical Research Institute will transfer manufacturing technology and know-how. The company plans to invest over one hundred million dollars for production. This new shot could prevent millions of cases and save…

The Economic Times

Warren Buffett Breaks Silence on Bill Gates' Epstein Ties as He Cuts Foundation From $140B Fortune

Warren Buffett ends his association with the Gates Foundation, citing Bill Gates's ties with Jeffrey Epstein as 'distasteful' and entrusting his philanthropic legacy to his children.

International Business Times UK

Buffett says Gates' Epstein ties are 'distasteful' but didn't drive Buffett's charitable decisions

Billionaire Warren Buffett says his decision to cut the Gates Foundation out of his charitable giving is more about believing his three kids are ready to handle giving away his entire fortune than it is about Bill Gates’ ties to convicted sex offender Jeffrey Epstein

The Independent UK

Buffett says his children are ready to distribute his fortune, calls Bill Gates' Epstein ties 'distasteful'

In a notable pivot, Warren Buffett is now directing his stock donations from Berkshire Hathaway to his children's charitable foundations. He acknowledged that Bill Gates' controversial relationship with Jeffrey Epstein played a role in his choice. Accelerating his wealth distribution strategy, Buffett aims to complete this endeavor by 2034, with…

The Economic Times

Buffett's Dramatic $6 Billion Decision: Redirects Funds Away from Gates Foundation After Epstein Revelations

Warren Buffett has redirected his $6 billion annual donation from the Gates Foundation to family-run charities, amid scrutiny of Bill Gates's past ties with Jeffrey Epstein

International Business Times UK

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Euronews

‘AI sovereignty doesn’t mean doing it alone,’ says Microsoft's AI responsibility chief

Microsoft's chief AI responsibility officer, Natasha Crampton, tells Euronews about data centres, bridging the digital divide and her definition of AI sovereignty.

The Economic Times

Buffett's $6 billion annual gifts skip Gates foundation after Epstein ties disclosed

Warren Buffett has redirected his annual donations away from Bill Gates' foundation. He will now donate approximately six billion dollars to his family's foundations. Buffett plans to give away his remaining Berkshire Hathaway stock by 2034. This decision accelerates his previous plan for distributing his vast fortune. Gates' foundation acknowledged…

Fortune

After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history

Buffett is directing his fortune to charitable organizations run by his family instead of the Gates Foundation.

The Times of India

Warren Buffett stops yearly donation to Gates Foundation over Epstein link: 'Of course, morality is unpredicted but my remaining shares will be...'

Warren Buffett, in a major decision, stopped giving donations to the Gates Foundation over Microsoft co-founder Bill Gates' links to dead sex offender Jeffrey Epstein. Buffett was a founding trustee of the Gates Foundation and he started “The Giving Pledge” with Bill Gates and his then-wife Melinda French Gates to…

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Benzinga

Buffett Plans to Give Away More in Next 8 Years — Are Trump Accounts Next on His List?

Billionaire Warren Buffett is known for many things, whether its his decades leading Berkshire Hathaway (NYSE:BRK)(NYSE:BRK), his investing wisdom or his philanthropic efforts.

The Economic Times

Warren Buffett cuts off donations to Gates Foundation following Epstein revelations

Warren Buffett is donating six billion dollars in stock to four family foundations. This significant shift ends a long-standing philanthropic partnership with the Gates Foundation. The decision follows revelations about Bill Gates' past interactions with Jeffrey Epstein. Buffett's annual donations have historically supported the Gates Foundation for two decades.

The Independent UK

Warren Buffett omits annual donation to Bill Gates’ foundation after his Epstein ties were disclosed

Billionaire Warren Buffett omitted Bill Gates′ foundation from his annual donations this year after disclosures of the Microsoft co-founder’s ties to convicted sex offender Jeffrey Epstein

The Economic Times

Warren Buffett plans to donate entire Berkshire Hathaway stake by 2034

Warren Buffett plans to donate his entire Berkshire Hathaway stake within eight years. He hopes his children will complete the share disposal by December 31, 2034. Buffett converted 8,000 Class A shares into 12 million Class B shares for donation. Four charitable foundations will receive these shares, with the Susan…

International Business Times

Bill Gates Has Been Grilled About His Relationship With Jeffrey Epstein. Now His Foundation Is Not Receiving a Key Donation

Warren Buffet excluded the Gates Foundation from its annual donation of Berkshire Hathaway stock.

The Times of India

Philanthropy quote of the day by Melinda French Gates: "It's important to acknowledge that giving away money your family will never…"

Handing away money you were never going to spend anyway is easy to praise and, according to the person doing it, not actually all that impressive. Melinda French Gates, one of the most prominent philanthropists in the world, said exactly that about her own giving. "It's important to acknowledge that…

International Business Times UK

Warren Buffett Suddenly Paused His Billion-Dollar Gifts to Bill Gates: The Reason is Epstein

Warren Buffett has paused his annual billion-dollar gift to the Gates Foundation for the first time in two decades, pending an Epstein review.

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