After some drama surrounding Warren Buffett’s relationship with the Gates Foundation, the Oracle of Omaha decided to forgo his annual donation to the Microsoft founder’s philanthropy and direct funds to his own children’s charitable organizations instead.
But that move, consequently, sparked a debate about why Buffett was moving the $140 billion so quickly. Some readers told CNBC they assumed he was doing it to avoid taxes, and some wondered whether this move would just ultimately slow distributions to actual nonprofit organizations and people in need.
