All articles tagged with #gates foundation
The Gates Foundation has commissioned an external review to examine past engagement with Jeffrey Epstein and its vetting of philanthropic partnerships; staff were informed in March, with results due this summer, as Epstein-related documents show meetings between Gates and Epstein after the 2008 conviction. The foundation also announced planned layoffs of about 500 employees as part of cost-cutting.
The Gates Foundation has authorized an outside review of its ties to Jeffrey Epstein following the Epstein files, with Bill Gates apologizing to staff and the foundation informing employees in March about the probe as scrutiny of Gates and former advisers grows.
The Gates Foundation has launched an external review of its past ties to Jeffrey Epstein and plans to reduce its staff by up to 500 (about 20%) by 2030 to cut costs, aiming to cap operating expenses at $1.25 billion as it runs a roughly $9 billion budget in 2026. Bill Gates is set to testify about Epstein before the House Oversight and Government Reform Committee on June 10.
Bill Gates canceled his keynote at the India AI Impact Summit due to scrutiny over his ties with Jeffrey Epstein, with the Gates Foundation saying the decision keeps the focus on AI priorities; a Gates Foundation representative will speak in his place as organizers and officials had debated his attendance.
Guardian analysis shows the Gates Foundation Trust held about $254 million in fossil-fuel extractors in 2024, a nine-year high and up 21% since 2016, signaling a rebound in exposure despite Bill Gates’ 2019 pledge to divest. The trust’s 2024 holdings include Glencore, BP, Occidental Petroleum, Inpex and Equinor, with growth partly driven by stock-price moves and new stakes after earlier rapid divestment; the piece notes the tension between philanthropy and climate commitments as the portfolio remains meaningfully exposed to upstream fossil fuels.
The Gates Foundation's roughly $38 billion of publicly traded stocks is heavily concentrated in three names—Berkshire Hathaway (29.1%), Waste Management (16.7%), and Canadian National Railway (13.6%)—making up about 59% of the portfolio. About 21.8 million Berkshire shares, worth around $10.9 billion, come from Buffett's donations, reflecting a Buffett-influenced, value-oriented investment approach focused on durable, cash-generating businesses rather than flashy tech stocks.
A study suggests that the Gates Foundation has influenced the global health agenda following the US retreat from certain international commitments, raising concerns about shifts in priorities and influence.
The Gates Foundation has partnered with an Indian manufacturer to reduce costs and expand access to a groundbreaking HIV prevention tool, aiming to benefit millions and improve global health outcomes.
The Gates Foundation announced a $2.5 billion investment by 2030 to address neglected women's health issues worldwide, focusing on research, product development, and equitable access across key areas like obstetric care, gynecological health, and contraception, aiming to fill critical gaps in understanding and treatment.
The Gates Foundation announced a $2.5 billion investment by 2030 to address neglected women's health issues globally, focusing on research, product development, and equitable access across key areas like obstetric care, menstrual health, and contraception, aiming to combat underfunding and bias in the field.
The Gates Foundation has announced new catalytic funding aimed at promoting women-centered research and innovation to advance women's health globally.
The Gates Foundation has joined forces with other national philanthropies to create an initiative aimed at advancing economic mobility and increasing access to opportunities across America.
Warren Buffett donated $6 billion in Berkshire Hathaway stock to five charities, primarily the Gates Foundation, as part of his annual philanthropic giving, with the majority of his wealth now directed towards these causes and his estate planned for further charitable use.
Warren Buffett has donated over $1.1 billion in Berkshire Hathaway stock to his family's foundations, continuing his tradition of philanthropy. He outlined plans for his $147 billion fortune to be distributed by his children over a decade after his death, with successors named in case they predecease him. Buffett, who has given $55 billion to the Gates Foundation, plans to cease those donations posthumously, entrusting his children with future philanthropic efforts. Despite his wealth, Buffett has lived modestly, emphasizing the importance of not creating dynastic wealth.
Warren Buffett has donated over $1.1 billion in Berkshire Hathaway stock to his family's foundations, continuing his tradition of philanthropy. He plans for his $147 billion fortune to be distributed by his children over a decade after his death, with successors in place if needed. Buffett, who has given $55 billion to the Gates Foundation, will cease donations to it posthumously, entrusting his children with future philanthropic efforts. Despite his wealth, Buffett has lived modestly, emphasizing the importance of not creating dynastic wealth.