Warren Buffett has skipped his annual donations to Bill Gates' foundation this year, leaving people speculating the reason behind the legendary investor’s decision despite his long-lasting friendship with the Microsoft Cofounder.
Warren Buffett on Tuesday said that he is donating nearly $6 billion of Berkshire Hathaway stock, consisting of 12 million Class B shares, in his annual mid-year donation to four family foundations overseen by his daughter Susie and sons Howard and Peter. His announcement did not mention Gates Foundation, which has received more than $47 billion of the Berkshire stock since Buffett said in a 2006 letter he was "irrevocably committing" to donate shares throughout his life.
