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Announced Wed, 15 Jul · 13:17 IST

Warren Buffett and Bill Gates no longer friends? Why legendary investor skipped donations to Gates foundation

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AI summary

Warren Buffett announced a mid-year donation of nearly $6 billion worth of Berkshire Hathaway Class B shares to four family foundations overseen by his children, but excluded the Gates Foundation, which had received over $47 billion since 2006. The 95-year-old Buffett, with a net worth of about $149 billion per Forbes, stated his remaining shares will be donated by December 31, 2034. Investor speculation has linked the decision to Bill Gates' past associations with Jeffrey Epstein, though neither side has confirmed any rift in their decades-long friendship.