Buffett drops Gates charity from donation of $6bn Berkshire stake
- Posted on July 14, 2026
- By Financial Times
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- 1 min read
In brief
Warren Buffett announces a significant strategic shift in his philanthropic legacy, redirecting a substantial $6 billion contribution away from the Bill & Melinda Gates Foundation. Instead, the Berkshire Hathaway chairman plans to distribute his charitable donations across four family foundations, signaling a new approach to wealth distribution and charitable giving. This decision reflects evolving priorities in how billionaire fortunes are managed for social impact.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Buffett drops Gates charity from donation of $6bn Berkshire stake
Billionaire chair of conglomerate says he plans to leave holdings in company to four family foundations
