Philanthropy News & Analysis

Buffett Ends Gates Foundation Donations: Decision Isn't Surprising

Warren Buffett has stated that his decision to stop donations to the Bill and Melinda Gates Foundation was expected. The decision followed revelations about Bill Gates's interactions with the late sex offender Jeffrey Epstein, including Department of Justice materials released in February and congressional investigations. Buffett redirected his nearly $6 billion in planned giving to family foundations run by his three children instead. This decision could influence other philanthropic strategies and donor behaviors going forward.