Warren Buffett has stopped donating to the Gates Foundation, ending a two-decade philanthropic partnership following revelations about interactions between Microsoft co-founder and philanthropist Bill Gates and the late sex offender Jeffrey Epstein.
Buffett said on Tuesday he is donating about $6 billion of Berkshire Hathaway stock, comprising 12 million Class B shares, in his annual midyear donation to four family foundations overseen by his daughter Susie and sons Howard and Peter.
The announcement by the 95-year-old Berkshire chair?did not mention ?the Gates Foundation, which has received more than $47 billion of the conglomerate¡¯s stock since Buffett said in a 2006 letter he was ¡°irrevocably committing¡± to donate shares throughout his life. Buffett ?donated more ?than $17 billion of stock to the four family foundations in the same period. ¡°Of course, mortality is unpredictable, but my remaining shares will be ?donated to the four foundations one way or the other by Dec. 31, 2034,¡± Buffett said in a statement.
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