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US Business · cnbc.com · Wednesday, 15 July 2026

Buffett cuts Gates Foundation from $6bn Berkshire stock donation, citing Epstein probe

Warren Buffett redirected all 9 million Class B Berkshire shares—worth about $6 billion—to four family‑linked foundations, omitting the Gates Foundation for the first time since 2006. He said the move follows a Wall Street Journal report on the foundation’s ties to Jeffrey Epstein, raising questions about donor vetting and future philanthropic flows.

Read the source: cnbc.com ↗In the 15 July issue →