Warren Buffett said he found fellow billionaire Bill Gates' association with the late sex offender Jeffrey Epstein "distasteful," but decided to stop donating to the Gates Foundation because his children were getting older and were ready to distribute his wealth." I tell the three children that it is theirs, and it's their responsibility to get it done well," Buffett said in interview excerpts on CNBC on Wednesday.
The comments were broadcast one day after the 95-year-old Berkshire Hathaway chairman omitted the Gates Foundation from his annual midyear charitable donations, when he donated nearly $6 billion of his conglomerate's stock.