Warren Buffett has funneled roughly $48 billion into the Gates Foundation from 2006 to 2025, typically through annual midyear transfers of Berkshire Hathaway shares. However, this year, for the first time in two decades, Buffett is reportedly delaying his usual donation as he waits for the outcome of a review into the foundation's ties to the late sex offender Jeffrey Epstein, according to a new Wall Street Journal report.
The delay comes as Buffett's relationship with Gates, a longtime friend, has reportedly become strained since the release of Justice Department files related to Epstein.
Buffett said in March that he had not spoken with Gates since the files were released and wanted to see what else emerged before making his annual giving decision.
WSJ noted:
Whatever decision Buffett makes, it isn't expected to affect his annual contributions to his family's foundations, including those run by his three children and the Susan Thompson Buffett Foundation, named after his first wife, according to the people familiar with the matter.
This year, a series of DoJ documents sparked scrutiny of Gates's ties to Epstein. He recently appeared at a congressional hearing and said that his meetings with Epstein were "a grave error in j