Warren Buffett was reportedly bothered by high costs and complacency at the Gates Foundation
Posted on AllSides August 4th, 2024
From The Center
Billionaire Warren Buffett had been bothered for years by how the Bill & Melinda Gates Foundation was being run, according to a New York Times report on Sunday. The Berkshire Hathaway CEO, who recently said the philanthropy will stop getting his money after he dies, had grown to view the foundation as bloated with inflated operating costs, sources told the Times. Buffett also told staffers that the Gates Foundation had become complacent and had less appetite for risks that could boost the effectiveness of its giving, the report said. The...
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