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Warren Buffett Holds Back Yearly Donation To Gates Foundation, Report Says

This is the first time in nearly two decades that the Berkshire Hathaway chairman has delayed his regular summer donation

Warren Buffett and Bill Gates (L) (Pic via @TheAtlantic)

Warren Buffett has postponed his annual donation to the Gates Foundation while awaiting the outcome of an internal review into the organization's past links to convicted sex offender Jeffrey Epstein, The Wall Street Journal reported, citing people familiar with the matter.

According to the report, this is the first time in nearly two decades that the Berkshire Hathaway chairman has delayed his regular summer donation. The review's findings are expected later this summer, with Buffett likely to make a final decision when he releases his annual Thanksgiving letter.

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The report said Buffett and his associates have been in contact with Gates Foundation leadership, including CEO Mark Suzman, to seek updates on the review.

Buffett has donated more than $43 billion to the foundation since 2006. Bill Gates acknowledged before Congress earlier this month that meeting Epstein was a "grave error in judgment" but denied any involvement in Epstein's criminal conduct, according to the report.

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