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Buffett Pauses Gates Foundation Funds Amid Epstein Scandal

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Warren Buffett halts donations to Gates Foundation amid Epstein scandal, citing need for caution and awaiting further developments.

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Buffett Pauses Gates Foundation Funds Amid Epstein Scandal

Durham News Today | 2 Min News | The Daily News Now!

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Durham News Today | 2 Min News | The Daily News Now!Buffett Pauses Gates Foundation Funds Amid Epstein Scandal. Machine-transcribed; use the interactive transcript above to jump the player to any line.

Warren Buffett just drops in real talk on his friendship with Bill Gates, and it's all tied to those Jeffrey Epstein documents that came out. He told CNBC he has spoken to Gates at all since the files dropped, and he's pausing on sending more billions to the Gates Foundation. Straight up, Buffett's keeping his distance from the drama. This comes after years of the two billionaires teaming up on Big Philanthropy moves, like pumping cash into vaccines and fighting poverty. But now Buffett's saying he'll wait and see before committing more funds, even though he stands by every dollar already given. He figures the foundations done solid work, not pocketed the money. Gates' link to Epstein goes back to at least 2011, with multiple meetings, including late-night visits to Epstein's New York spot. Epstein even pitched ideas to Gates' team for donor funds that could have lined his pockets with fees. Gates has called it a mistake in judgment. Lately, more email surface showing Epstein trying to rope Gates into billionaire philanthropy deals. He's been apologizing left and right, owning up in staff meetings, saying he saw nothing

wrong and did nothing elicit. Still, the fallouts hitting his rep hard. Their bromance that seemed unbreakable is cracking under this scandal, leaving Buffett cautious in the Foundation's future donations up in the air. One big question lingers on whether trusts like that can bounce back. Durham News Today, powered by AI bringing you what matters.

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