At a glance
Billionaire Warren Buffett ended donations to the Bill & Melinda Gates Foundation after Gates's connection to Jeffrey Epstein was revealed. Buffett had previously been one of the foundation's largest contributors.
Warren Buffett ended his donations to the Bill & Melinda Gates Foundation after learning about Gates's connection to Jeffrey Epstein. Buffett had been one of the foundation's largest contributors, so the withdrawal of his support is both a financial and reputational hit.
This is Buffett making a judgment call about association. He's signaling that Gates's involvement with Epstein—even if indirect or in the past—creates enough reputational risk that Buffett won't tie his name to the foundation anymore. It's a form of accountability operating through the donor network rather than through law.
Citation trail
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