Warren Buffett, renowned billionaire and chairman of Berkshire Hathaway, has decided to forgo his typical midyear donation to the Gates Foundation for the first time in twenty years. This decision is influenced by his wish to await the results of an ongoing review of the Foundation’s connections to Jeffrey Epstein. It is anticipated that he may announce his decision regarding his donations later this year, possibly alongside his annual Thanksgiving letter.

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/business/warren-buffett-skips-midyear-donation-to-gates-foundation-amid-epstein-review-2290ef61

Warren Buffett Skips Midyear Donation to Gates Foundation as He Awaits Epstein Review

Billionaire expected to delay decision on his ‘lifetime’ pledge to see results of Gates Foundation’s review

Emily Glazer

and

Krystal Hur

Comments Button

Listen

(2 min)

Bill Gates and Warren Buffett in 2017Spencer Platt/Getty Images

For the first time in two decades, Warren Buffett is skipping his usual midyear donation to the Gates Foundation so the famed investor can wait to see the findings of a review into the foundation’s ties to Jeffrey Epstein, according to people familiar with Buffett’s plans.

Buffett, 95 years old, is delaying his decision until later in the year, possibly until when he puts out his Thanksgiving letter, the people said. The Berkshire Hathaway BRK.B-0.53%decrease; down pointing triangle chairman has typically donated billions worth of Berkshire shares each June or early July, part of a “lifetime” pledge he made when he forged closer ties with the Gates Foundation.

Videos

Most Popular

OPINION

Exclusive | Warren Buffett Skips Midyear Donation to Gates Foundation as He Awaits Epstein Review

Warren Buffett Skips Midyear Donation to Gates Foundation as He Awaits Epstein Review

Billionaire expected to delay decision on his ‘lifetime’ pledge to see results of Gates Foundation’s review

Videos

Most Popular News

Most Popular

Further Reading

Why Berkshire Hathaway Went Window-Shopping at Macy’s

Luxury Condos’ New Perk: MRI Machines

Berkshire Hathaway and Japanese Builders See the Same Opportunity in U.S. Housing

Greg Abel Puts His Stamp on Berkshire Hathaway With Pair of Megadeals

Berkshire Is Convinced the American Dream of Homeownership Will Stay Alive