Story · Bill Gates
Two unexpected revelations in Warren Buffett's CNBC interview
In a CNBC interview, Warren Buffett downplayed the role of Bill Gates' ties to Jeffrey Epstein in his decision to end donations to the Gates Foundation, instead citing his children's demonstrated ability to responsibly give away wealth. He also revealed that he personally initiated Berkshire Hathaway's $30 billion stake in Alphabet (Google), a move previously attributed to CEO Greg Abel. Buffett described Gates' Epstein connections as 'distasteful' but said everyone makes mistakes, and noted he had read Gates' congressional testimony and related reports. Over 20 years, Buffett donated nearly $48 billion to the Gates Foundation and $18 billion to his family's foundations.
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