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Buffett, 4 billion charity but divorces the Gates foundation

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The 90-year-old financier explained the move as part of a phasing out of roles off the board of his Berkshire Hathaway.

by Marco Valsania

NEW YORK. Warren Buffett “divorces” the Gates. The Oracle of Omaha, a legendary American investor and always in the rankings of the largest global billionaires, has decided that the time has come for him to retire from the top of the colossal philanthropic Bill and Melinda Gates Foundation. While indicating that this is by no means a goodbye to charitable donations, not even those for the Gates foundation.

The decision comes at a particularly difficult time for the organization …

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