Warren Buffett Just Cut the Bill Gates Foundation From His Annual Donation for the First Time Since 2006. The Missing $4.5 Billion Goes to His Children's Charities.

Warren Buffett has stopped his annual donations to the Bill Gates Foundation for the first time since 2006, redirecting the $4.5 billion to his children's charitable foundations (Sherwood Foundation, Howard G. Buffett Foundation, NoVo Foundation, and Susan Thompson Buffett Foundation). The shift was prompted by Bill Gates' involvement in the Jeffrey Epstein scandal. Buffett plans to distribute all his Berkshire Hathaway shares to these organizations by 2034, creating a diversified philanthropic portfolio that will benefit multiple causes for generations.