Each summer, like clockwork, Warren Buffett donates millions of shares of his valuable Berkshire Hathaway stock to five foundations.
This summer? Only four.
On Tuesday, Mr. Buffett — one of the world’s wealthiest people and biggest philanthropists — declined to give billions of dollars to the Gates Foundation, as was his habit for two decades. His decision appears to be the latest reverberation of the fallout from the release of the Jeffrey Epstein files. Mr. Epstein, the disgraced financier, maintained extensive relations with Bill Gates, a longtime friend of Mr. Buffett’s and a co-trustee of the Gates Foundation.
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