BIST10014.138,85▼ 0.00%Wall Street-Style Shock Gains and Falls: Sector Deep DiveUSD/TRY47.4747▲ 0.20%Genuine Parts Q2 Sales Rise 6% While EPS Guidance SlashedEUR/TRY54.0366▲ 0.30%Midday Stock Movers: Super Micro, EQT, AAR, Chubb, Pegasystems & MoreBTC/USD$66,038.01▼ -0.25%Chasing Momentum: Is Now the Time to Buy the Fund?GOLD6.290,4▲ 0.15%Millennial Wealth Rift: New HPOP Metric Reveals True Homeownership GapBRENT$94.04▼ 0.00%Lamine Yamal: From World Cup Hero to American Eagle’s New Brand Powerhouse Segro Board Approves £14bn Takeover After US Bidder BattleBIST10014.138,85▼ 0.00%Wall Street-Style Shock Gains and Falls: Sector Deep DiveUSD/TRY47.4747▲ 0.20%Genuine Parts Q2 Sales Rise 6% While EPS Guidance SlashedEUR/TRY54.0366▲ 0.30%Midday Stock Movers: Super Micro, EQT, AAR, Chubb, Pegasystems & MoreBTC/USD$66,038.01▼ -0.25%Chasing Momentum: Is Now the Time to Buy the Fund?GOLD6.290,4▲ 0.15%Millennial Wealth Rift: New HPOP Metric Reveals True Homeownership GapBRENT$94.04▼ 0.00%Lamine Yamal: From World Cup Hero to American Eagle’s New Brand Powerhouse Segro Board Approves £14bn Takeover After US Bidder Battle

Global MarketsJuly 22, 2026 at 06:54 PM

Buffett's Gates Foundation Exit: End of $48 Billion Philanthropic Bond

724FinanceGökberk Uçar

Buffett's Gates Foundation Exit: End of $48 Billion Philanthropic Bond

Warren Buffett has ended his $48 billion donation to Bill Gates' Gates Foundation, citing concerns over the foundation's ties to convicted sex offender Jeffrey Epstein. An external review revealed over 30 meetings between Gates and Epstein, despite employee concerns. Gates Foundation CEO Mark Suzman emphasized integrity and trust as core principles. Buffett cited his children's age as the reason for the decision.

Markets may react to this shift, as Buffett's support was a cornerstone of the foundation's strategy. The foundation's announced closure also accelerates the end of this historic philanthropic relationship.