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Warren Buffett Resigns As Trustee Of Bill And Melinda Gates Foundation

Warren Buffett Resigns As Trustee Of Bill And Melinda Gates Foundation

NDTV
Wednesday, June 23, 2021 12:30:22 PM UTC

Warren Buffett has contributed more than $27 billion of his own money to the Gates Foundation over the past 15 years.

Warren Buffett resigned as a trustee at the Bill and Melinda Gates Foundation as the charity grapples with upheaval created by the divorce of its namesake founders. "My goals are 100% in sync with those of the foundation," Buffett, 90, said Wednesday in a statement that also announced he had reached the halfway mark in giving all of his Berkshire Hathaway shares to charity. Buffett has contributed more than $27 billion of his own money to the charity over the past 15 years. He's one of the Gates Foundation's three board members, alongside Bill Gates and Melinda French Gates, who announced last month they're splitting after 27 years of marriage. Buffett has no involvement in the endowment's investment decisions, according to the foundation. Mark Suzman, the foundation's chief executive officer, told employees last month that he's in talks to strengthen "the long-term sustainability and stability of the foundation."
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