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Buffett calls Bill Gates relationship with Epstein 'distasteful'
BBC • • general
Key Points:
- Warren Buffett described Bill Gates' relationship with the late sex offender Jeffrey Epstein as "distasteful" but acknowledged he has made mistakes in associating with people who were not ideal friends.
- Berkshire Hathaway, Buffett's firm, has stopped donating to the Bill and Melinda Gates Foundation for the first time in 20 years, redirecting remaining stock donations to family-linked foundations.
- Buffett's decision followed Gates' June testimony before the US House Oversight Committee, where Gates admitted meeting Epstein in 2011 despite being aware of Epstein's prior legal issues.
- Gates expressed regret over his association with Epstein, stating he should never have met him and that even potential fundraising benefits would not have justified the relationship.
- Since 2006, Buffett has donated $47 billion to the Gates Foundation, and despite recent changes, he emphasized the long-standing and positive friendship he shares with Gates.
