Latest / The Vault: The Epstein Files / Warren Buffet Makes A Final Decision On Donations to The Gates Foundation (7/15/26)

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Warren Buffet Makes A Final Decision On Donations to The Gates Foundation (7/15/26) · The Vault: The Epstein Files

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  Speaker 1: What's up, everyone, and welcome to another episode of the
• 0:03
  Speaker 1: Epstein Chronicles. A couple of weeks ago, we were talking
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  Speaker 1: about Bill Gates and Warren Buffett and how Warren Buffett
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  Speaker 1: was pausing his donation to the Gates Foundation. Well, come
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  Speaker 1: to find out that that donation is getting paused. And
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  Speaker 1: this comes after finding out on Tuesday that he's going
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  Speaker 1: to donate six billion dollars before foundations that are connected
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  Speaker 1: to his own family. So Warren Buffett thinks that the
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  Speaker 1: Jeffrey Epstein situation is disgusting enough not to donate money
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  Speaker 1: to Bill Gates. I think that should give you a
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  Speaker 1: little bit of an inside track on just how devastating
• 0:45
  Speaker 1: this whole entire scandal is. And people like Bill Gates,
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  Speaker 1: they might survive it, but their image is never going
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  Speaker 1: to be what it once was, and moving forward, it's
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  Speaker 1: going to be a lot more difficult for people like
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  Speaker 1: Bill Gates to hustle people into going along with his
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  Speaker 1: brain dead ideas, because once you lose the confidence of
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  Speaker 1: Warren Buffett, that signals to everybody else that something's going on.
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  Speaker 1: And when you add it all up with the Epstein
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  Speaker 1: scandal and the fact that Warren Buffett reacted the way
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  Speaker 1: he did not very good for Bill Gates or the
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  Speaker 1: Gates Foundation. Today's article is from ABC News and the
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  Speaker 1: headline Warren Buffett omits annual donation to Bill Gates Foundation
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  Speaker 1: after his Epstein ties were disclosed. This article was authored
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  Speaker 1: by Josh Funk. Billionaire Warren Buffett omitted Bill Gates Foundation
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  Speaker 1: from his annual donations this year after disclosures of the
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  Speaker 1: Microsoft co founder's ties to convicted sex offender Jeffrey Epstein.
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  Speaker 1: He'll donate about six million to four foundations connected to
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  Speaker 1: his own family, but did not mention Gates at his
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  Speaker 1: announcement on Tuesday. And he's donated a lot of money
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  Speaker 1: to Bill Gates. I mean a whole lot of money.
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  Speaker 1: And remember that plan with Bill Gates is to donate
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  Speaker 1: your money as a billionaire to charities. And the craziest
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  Speaker 1: part is these charities get the money. It never goes
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  Speaker 1: to the people. If Bill Gates was serious, what he
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  Speaker 1: would do is donate this money to regular people. That's right.
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  Speaker 1: Give people one hundred grand, give people five hundred grand. Whatever.
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  Speaker 1: If you want to help people's lives and you want
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  Speaker 1: to make their lives better, go directly to them. Because
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  Speaker 1: I assure you the vast majority of these billions that
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  Speaker 1: are being donated while they're finding their way into somebody's pocket.
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  Speaker 1: Buffett also said in his statement that he wants all
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  Speaker 1: of his remaining Berkshire Hathaway stock worth nearly one hundred
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  Speaker 1: and forty six billion, donated to charity by the end
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  Speaker 1: of twenty thirty four. Previously, the plan was for three
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  Speaker 1: of his children to distribute his remaining fortune within ten
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  Speaker 1: years of the ninety five year old investor's death. I
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  Speaker 1: don't even understand, Like, what are you doing? Like, do
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  Speaker 1: they think this is some kind of flex They're gonna
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  Speaker 1: donate all their wealth after they're dead? You want to
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  Speaker 1: impress me, donate it now, Come and live how the
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  Speaker 1: rest of us live for a little bit. They'll never
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  Speaker 1: do that, though, will they. I'm gonna donate my money
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  Speaker 1: when I'm dead. Pat me on my back. Of course,
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  Speaker 1: mortality is unpredictable, but my remaining shares will be donated
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  Speaker 1: to the four Foundations one way or the other by
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  Speaker 1: December thirty first, twenty thirty four, Buffett said in a statement.
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  Speaker 1: The goal is to have the grants grow annually to
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  Speaker 1: each of the three foundations managed by each of my children,
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  Speaker 1: and the annual grant to the Susan Thompson Buffett Foundation
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  Speaker 1: grow out a somewhat greater rate. Look, maybe it's just
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  Speaker 1: a cynic in me, but when I see this kind
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  Speaker 1: of shit, all I hear is a way to avoid taxes,
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  Speaker 1: is a way to avoid ponying up that dough to
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  Speaker 1: the government. So let me say, I have this foundation, right,
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  Speaker 1: and I'll make pretend that I'm this altruistic guy and
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  Speaker 1: I'm giving away all these billions, But really it's just
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  Speaker 1: pocket change for him, money that he was never going
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  Speaker 1: to see anyway. So I've never really understood putting these
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  Speaker 1: people on a pedestal, because if they really cared about people,
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  Speaker 1: if they really cared about the situation in the country
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  Speaker 1: or whatever, couldn't they all get together and put together
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  Speaker 1: their own food bank or their own resources where people
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  Speaker 1: could go to a company or place that's run by
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  Speaker 1: them and get whatever they need. Why does it have
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  Speaker 1: to be the government that does that. We have all
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  Speaker 1: these rich people that talk all this bullshit, why don't
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  Speaker 1: they do it? And look, I'm talking about the folks
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  Speaker 1: that talk all this bullshit. I'm not saying anybody should
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  Speaker 1: be forced to do that. Nobody should ever be forced
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  Speaker 1: to spend their money in any way they don't want
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  Speaker 1: to spend it. But when we're talking about these big mouths,
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  Speaker 1: you know, the Mark Cubans of the world, the Jeff Bezos,
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  Speaker 1: the Elon Musks, they could all get together, they could
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  Speaker 1: put together some kind of fund and have some kind
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  Speaker 1: of you know, help for people loo or starving or
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  Speaker 1: whatever it is. But instead they'll just talk a bunch
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  Speaker 1: of shit about how they donate the money to this
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  Speaker 1: foundation or that foundation, and nothing ever gets done. Buffetting
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  Speaker 1: Gates Foundation did not immediately respond to his day to questions.
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  Speaker 1: CNBC said Buffett is scheduled to give the channel an
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  Speaker 1: exclusive interview on the topic Wednesday morning. Well good, and
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  Speaker 1: I think that will learn a little bit more, right,
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  Speaker 1: because I think it's a pretty significant move as far
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  Speaker 1: as Buffett goes, and as far as shame when it
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  Speaker 1: comes to Bill Gates. I mean, imagine one of your
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  Speaker 1: biggest spenders, one of your biggest supporters, one of your friends,
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  Speaker 1: decides he's gonna pause donations because of your bullshit with Epstein.
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  Speaker 1: Not exactly a great look. And I think it's gonna
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  Speaker 1: end up costing the Foundation. In the long run, the
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  Speaker 1: majority of Buffett's charitable gifts, worth more than sixty one billion,
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  Speaker 1: have gone to the Gates Foundation. Since he announced the
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  Speaker 1: plan to give away his fortune in two thousand and six,
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  Speaker 1: he's been giving blocks of Berkshire Hathaway stock to the
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  Speaker 1: Gates Foundation and the four foundations run by his three
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  Speaker 1: children regularly. That money wouldn't be better spent in the
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  Speaker 1: inner city, wouldn't be better spent on grants and scholarships
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  Speaker 1: for people to go to trade school or college or whatever.
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  Speaker 1: You know, I'm just shooting shit here. There's a lot
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  Speaker 1: of people out there that are a lot smarter than
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  Speaker 1: me that would utilize this money correctly. But when you
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  Speaker 1: give it to these big foundations, in my opinion anyway,
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  Speaker 1: it's kind of worthless. Oh sure they do some things right,
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  Speaker 1: some people will get helped, but the vast majority of
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  Speaker 1: that money is going to find its way into somebody's pocket.
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  Speaker 1: Gates denies any knowledge of Epstein's crimes and has not
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  Speaker 1: been accused of any wrongdoing. He said he only met
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  Speaker 1: with Epstein because he thought it might help raise money
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  Speaker 1: for charitable causes. Epstein, who was accused of sexually abusing
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  Speaker 1: dozens of underage girls, was found dead at the Manhattan
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  Speaker 1: Federal lock Up in all his twenty nineteen and his
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  Speaker 1: death was later ruled a suicide by the New York
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  Speaker 1: Citi's medical examiner. Yeah, debatable at best, and accused, No,
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  Speaker 1: that's what he was doing. Now, he might have only
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  Speaker 1: been convicted of, you know, the charges he was convicted
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  Speaker 1: of in Florida. But let's be real, with all of
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  Speaker 1: the information that's available to you, now, do you really
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  Speaker 1: think that Jeffrey Epstein was beating any case whatsoever related
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  Speaker 1: to this. Well, if the fix wasn't in, I mean
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  Speaker 1: zero chance. The evidence was as high as Mount Everest.
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  Speaker 1: Buffett already said in twenty twenty four that he planned
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  Speaker 1: to cut off donations to the Gates Foundation after his
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  Speaker 1: death and let his three children decide how to distribute
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  Speaker 1: the rest of his fortune. The decision he announced Tuesday
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  Speaker 1: will accelerate that plan. And I think that if I
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  Speaker 1: was somebody with this kind of money, I'd be giving
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  Speaker 1: it to my children. Now. I donate some of it
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  Speaker 1: to cause as I cared about, but I'd give it
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  Speaker 1: to my kids. Buffett and Gates used to be exceptionally
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  Speaker 1: close friends who talked, often played bridge online, and even
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  Speaker 1: took vacations together. Gates also served on Gates board for years,
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  Speaker 1: and the legendary investor sat on the board of the
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  Speaker 1: Gates Foundation, but Buffett told CNBC in March that he
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  Speaker 1: hadn't talked to Gates in months since before the Epstein
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  Speaker 1: files were released in the fall of twenty twenty five.
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  Speaker 1: In the past, Buffett stood up for Gates. Three years ago,
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  Speaker 1: Buffett cut off a man who was presenting a resolution
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  Speaker 1: at the Berkshire Hathaway shareholder meeting after he questioned gates
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  Speaker 1: character because of his ties with Epstein. Well, look, let's
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  Speaker 1: not act like Buffett is some kind of, you know,
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  Speaker 1: noble guy. He's not. And the only reason that he's
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  Speaker 1: not giving these donations anymore is because he's been outed.
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  Speaker 1: But do you think that Warren Buffett didn't know what
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  Speaker 1: Jeffrey Epstein was? Come on, man, these people are so smart,
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  Speaker 1: or at least they tell us they are. That I
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  Speaker 1: find that very, very hard to believe. Peter Flaherty was
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  Speaker 1: arrested that day for trespassing, even though he had been
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  Speaker 1: approved to make the presentation beforehand. The charge was later dropped,
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  Speaker 1: but the incident led to a lawsuit, which is still
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  Speaker 1: pending in the courts. Like, for real, you're gonna arrest
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  Speaker 1: somebody because they have something bad to say about your buddy,
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  Speaker 1: Bill Gates. You know, you better get the paddy wagon
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  Speaker 1: ready because there's a lot of us that have bad
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  Speaker 1: things to say about your buddy, Bill Gates. Buffett told
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  Speaker 1: the NBC it's astounding to me that anybody could be
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  Speaker 1: that successful as a con person, but Epstein found a
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  Speaker 1: way to exploit the weaknesses of others. Buffett would not
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  Speaker 1: discuss gates involvement, but said that he doesn't want to
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  Speaker 1: be involved with anything that could be investigated later. Look,
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  Speaker 1: that's smart and shrewd. I wouldn't want to be involved
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  Speaker 1: in anything adjacent of Epstein. You're asking for big trouble,
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  Speaker 1: especially as a guy like Warren Buffett. So that was
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  Speaker 1: smart of Gates discussed as ties to Epstein with the
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  Speaker 1: staff of his foundation. Recently. Gates appears multiple times in
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  Speaker 1: the Justice Department. Files included email correspondents between Gates and
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  Speaker 1: Epstein about philanthropic projects, calendar entries documenting dates they got together,
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  Speaker 1: and photos of Gates at events the two men attended,
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  Speaker 1: but they didn't really know each other. We only met
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  Speaker 1: a couple times. Come on. The foundation announced that I
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  Speaker 1: had hired someone in March to assess the foundation's past
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  Speaker 1: engagement with Epstein and review its policies to vet any
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  Speaker 1: future of philanthropic partnerships. Gates and the rest of the
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  Speaker 1: foundation's board expect to get an update on that investigation
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  Speaker 1: sometime this summer. Nothing like an internal investigation of clear
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  Speaker 1: things up. Huh. They think you're stupid. Just to reiterate that. Okay,
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  Speaker 1: they think you're dumb, and they think that they can
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  Speaker 1: just push this along. Oh, we investigated, we didn't find
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  Speaker 1: anything cool. How about a special counsel? What would they find?
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  Speaker 1: Buffett told CNBC he's amazed at how many wealthy and
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  Speaker 1: powerful people have been caught up in the Epstein scandal.
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  Speaker 1: I mean it here, you had a guy that was
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  Speaker 1: a convicted guy, a sensational con man, and the percentage
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  Speaker 1: of people that he knocked off, Buffett said, I mean
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  Speaker 1: whether it was he found their weakness. It might have
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  Speaker 1: been sex, it might be power, it might be whatever
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  Speaker 1: it might be. And I don't see how anybody could
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  Speaker 1: have pulled that off. Oh please, oh please run and
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  Speaker 1: cover for your friends. Huh. Epstein wasn't that smart of
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  Speaker 1: a guy. Okay, wasn't that charismatic? It was parasitic. Your
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  Speaker 1: friends wanted something from Epstein, so they were willing to
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  Speaker 1: look the other way. There it is the whole story.
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  Speaker 1: Buffett said, He's glad Epstein never came to Omaha, where
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  Speaker 1: he's lived for more than six decades. Buffett's regarded by
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  Speaker 1: many as the world's greatest investor who built up Berkshire
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  Speaker 1: over the years by buying insurance companies like Geico, major
• 12:00
  Speaker 1: utilities manufacturers, and well known brands like Dairy Queen and
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  Speaker 1: the BNSF Railroad. Buffett stepped down as Berkshire CEO in
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  Speaker 1: January after sixty years of leading the company, but he
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  Speaker 1: remains as chairman and the largest shareholder. Greg Gable is
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  Speaker 1: now CEO of Berkshire Hathaway And look, this is just
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  Speaker 1: a follow up on what we talked about previously with
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  Speaker 1: Bill Gates and Buffett, and it kind of brings the
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  Speaker 1: conversation full circle, right because previously the question was is
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  Speaker 1: he going to pause the donations or is he going
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  Speaker 1: to stop them? Well, now we have our answer, and
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  Speaker 1: the answer is that those donations have been stopped, and
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  Speaker 1: according to Buffett, it's for good because now he's going
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  Speaker 1: to start giving the money to his kids and those
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  Speaker 1: other foundations. So we're going to keep an eye on
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  Speaker 1: things here and see what other foundations, if any other
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  Speaker 1: donors decide to back out, because I think this might
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  Speaker 1: have a halo effect, So we'll keep an eye on it,
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  Speaker 1: and when we have some more information one way or
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  Speaker 1: the other, we'll get that added to the catalog as well.
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  Speaker 1: All the information that goes with this episode can be
• 13:08
  Speaker 1: found in the description box.