Jul 14, 2026
neutralWarren Buffett Donates 12 Million Berkshire Class B Shares — Excludes Gates Foundation for First Time Since 2006 Amid Epstein Review
Warren Buffett announced his annual Berkshire Hathaway stock donation, directing 9 million Class B shares to the Susan Thompson Buffett Foundation and 1 million shares each to three family-linked foundations — marking the first year since 2006 that the Gates Foundation has been excluded. Buffett cited no public reason in his statement but the omission follows a Wall Street Journal report that he awaits completion of a WilmerHale review of the Gates Foundation's historical ties to Jeffrey Epstein. Berkshire's Class B shares are up 7.7% over the past month.