Buffett omits gift to Bill Gates' foundation after Microsoft cofounder's Epstein ties disclosed

Gates has denied any ties to Epstein's crimes and has not been accused of any wrongdoing

Billionaire Warren Buffett omitted Bill Gates' foundation from his annual donations this year after disclosures of the Microsoft co-founder's ties to convicted sex offender Jeffrey Epstein. Buffett will donate about $6bn to four foundations connected to his own family, but did not mention Gates in his announcement Tuesday.

Buffett also said in his statement that he wants all of his remaining Berkshire Hathaway stock worth more than $140bn donated to charity by the end of 2034. Previously the plan was for his three children to distribute his remaining fortune within 10 years of the 95-year-old investor's death.