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‘He found their weakness. It might have been sex. It might be power’: Warren Buffett stunned by Epstein pull as he snubs Gates Foundation

  • Posted on July 14, 2026
  • By Fortune
  • 0 Views
  • 1 min read
In brief

Warren Buffett announces a significant shift in his philanthropic strategy, redirecting $6 billion in annual charitable donations away from the Bill & Melinda Gates Foundation toward family-controlled foundations. This decision follows revelations about Jeffrey Epstein's influence on Bill Gates, prompting Berkshire Hathaway's chairman to establish a firm 2034 deadline for distributing his entire wealth. The move reflects concerns about personal vulnerabilities and power dynamics in major charitable organizations.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

‘He found their weakness. It might have been sex. It might be power’: Warren Buffett stunned by Epstein pull as he snubs Gates Foundation
‘He found their weakness. It might have been sex. It might be power’: Warren Buffett stunned by Epstein pull as he snubs Gates Foundation

Berkshire's chairman redirected this year's $6 billion in gifts to family foundations and set a binding 2034 deadline for his full fortune.
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Author
Fortune

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