Buffett omits gift to Bill Gates' foundation after Microsoft cofounder's Epstein ties disclosed

By — Josh Funk, Associated Press Josh Funk, Associated Press Leave your feedback Share Copy URL https://www.pbs.org/newshour/nation/buffett-omits-gift-to-bill-gates-foundation-after-microsoft-cofounders-epstein-ties-disclosed Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Buffett omits gift to Bill Gates' foundation after Microsoft cofounder's Epstein ties disclosed Nation Jul 14, 2026 1:55 PM EDT OMAHA, Neb. (AP) — 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. He will donate about $6 billion to four foundations connected to his own family, but did not mention Gates in his announcement Tuesday. Buffett also said in his statement that he wants all of his remaining Berkshire Hathaway stock worth more than $140 billion donated to charity by the end of 2034. Previously the plan was for his three children to distribute his remaining fortune within 10 years of the 95-year-old investor's death. READ MORE: Key takeaways from Bill Gates' interview with House committee about his relationship with Jeffrey Epstein "Of course, mortality is unpredictable, but my remaining shares will be donated to the four foundations one way or the other by December 31, 2034," Buffett said in a statement. "The goal is to have the grants grow annually to each of the three foundations managed by each of my children and the annual grant to the Susan Thompson Buffett Foundation grow at a somewhat greater rate." Educate your inbox Subscribe to Here’s the Deal, our politics newsletter for analysis you won’t find anywhere else. Buffett and the Gates Foundation did not immediately respond Tuesday to questions. CNBC said Buffett is scheduled to give the channel an exclusive interview on this topic Wednesday morning. Buffett's latest gifts are roughly equal to last year's donations The majority of Buffett's charitable gifts — worth more than $61 billion — have gone to the Gates Foundation since he announced the plan to give away his fortune in 2006. He has been giving blocks of Berkshire Hathaway stock to the Gates Foundation and the four foundations run by his three children regularly. Buffett plans to give about $4.5 billion in stock to the Susan Thompson Buffett Foundation this year and about $500 million in shares each to the Sherwood Foundation, Howard G. Buffett Foundation and Novo Foundation, which are run by his children. READ MORE: Read the House transcripts of Bill Gates and Lesley Groff's interviews in Epstein probe So the total amount of donations announced Tuesday is similar to the roughly $6 billion in donations he made last summer, with Buffett's family foundations getting significantly more than in previous years that would seem to account for the money that would have gone to the Gates Foundation. Gates has denied any ties to Epstein's crimes Gates denies any knowledge of Epstein's crimes an