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Warren Buffett has reportedly paused his annual gift to the Gates Foundation due to the Microsoft cofounder’s ties to the late sex offender Jeffrey Epstein, according to The Wall Street Journal.

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00:00Warren Buffett has reportedly paused his annual gift to the Gates Foundation due to ties to
00:04Jeffrey Epstein. According to the Wall Street Journal, Buffett is delaying his decision to
00:09donate until later this year, pending a review the Gates Foundation has commissioned into its
00:14own ties to Epstein. It's a big switch up from the lifetime pledge Buffett made to the foundation
00:19back in 2006, with past donations adding up to more than $47 billion between 2006 and 2025.
00:27Bill Gates has denied witnessing any criminal conduct and called his relationship with Epstein
00:32a grave error in judgment while speaking at a June deposition before the House Oversight Committee.
00:38It's a pivotal moment for the foundation, which told Fortune first last summer it plans to spend
00:44down its endowment and shudder at the end of 2045, accelerating its giving in the years ahead.
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