Warren Buffett: Ended Gates donations to give more to my children, not because of Epstein ties
Summary
Warren Buffett explains his decision to halt donations to the Gates Foundation, clarifying that it is not due to Bill Gates's ties to Jeffrey Epstein but rather because his children are now ready to handle his vast wealth. He discusses his recent broken leg, his ongoing friendship with Gates, and his resolve to leave his fortune to his three children for their philanthropic work.
- Warren Buffett confirms he will no longer donate to the Gates Foundation, ending 21 years of giving.
- Buffett states the decision is not due to Gates's Epstein connections; he found nothing beyond what he could see himself doing.
- Buffett says his three children are now capable of handling large-scale philanthropy, so he is turning the money over to them.
- Buffett notes the Gates Foundation remains financially strong with a $90B+ endowment and Bill Gates's $200B commitment.
- Buffett describes his recent three-hour meeting with Gates and says the friendship remains strong.
- Buffett reports he broke his leg recently, had surgery, and is recovering well.
- Buffett reflects on his philosophy of compounding money and letting others give it away effectively.
