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Warren Buffett drops Gates Foundation from his annual donations
By Chris Isidore at WXYZ Channel 7 (ABC Detroit) - News
· July 14, 2026
· 3 min read
Warren Buffett didnt give anything to the Gates Foundation this year, instead directing nearly $6 billion in shares of Berkshire Hathaway to four foundations related to his own family.Buffett, who was a founding trustee of the Gates Foundation, started The Giving Pledge with Bill Gates and his th...
Key takeaway Buffett resigned from the Foundations board in 2021, but has continued to donate billions annually to the charity.
Why this matters in The Detroit
The decision by Warren Buffett to withhold donations from the Gates Foundation this year has significant implications for the philanthropic landscape in Detroit . As one of the city's major benefactors, the Gates Foundation has supported various initiatives in education, healthcare, and economic development. Buffett's donations, which have totaled $36 billion to date, have been a crucial component of the foundation's efforts in Detroit. The review of the foundation's ties to Jeffrey Epstein may lead to a reevaluation of its priorities and partnerships in the city. Detroiters should watch closely to see how this development affects the foundation's local investments and whether other philanthropists will follow Buffett's lead. The city's non-profit sector, which relies heavily on external funding, may need to adapt to a potentially shifting philanthropic environment. As Buffett continues to direct his philanthropy towards his family's foundations, it remains to be seen how this will impact Detroit's charitable landscape.
About this story
Original reporting by WXYZ Channel 7 (ABC Detroit) - News . The Detroit surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit WXYZ Channel 7 (ABC Detroit) - News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 14, 2026 ·
Source: WXYZ Channel 7 (ABC Detroit) - News ·
Reading time: 3 min
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Frequently asked about this story
What is this story about? Warren Buffett didnt give anything to the Gates Foundation this year, instead directing nearly $6 billion in shares of Berkshire Hathaway to four foundations related to his own family.Buffett, who was a founding trustee of the Gates Foundation, started The Giving Pledge with Bill Gates and his th...
When was this published? This article was first published on July 14, 2026 by WXYZ Channel 7 (ABC Detroit) - News and curated for The Detroit readers.
Who reported this story? This story was reported by Chris Isidore at WXYZ Channel 7 (ABC Detroit) - News. To learn more about how The Detroit selects and reviews stories, see our editorial standards .
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