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The Economic Times

Buffett's $6 billion annual gifts skip Gates foundation after Epstein ties disclosed

Warren Buffett Bill Gates Jeffrey Epstein Berkshire Hathaway The Gates Foundation Berkshire CNBC Justice Department the Susan Thompson Buffett Foundation

Omaha, Neb: 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.

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