Warren Buffett resigns as trustee of Bill and Melinda Gates Foundation

Warren Buffett resigns as trustee of Bill and Melinda Gates Foundation

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Warren Buffett resigns as trustee of Bill and Melinda Gates Foundation

New Delhi: Celebrity businessman Warren Buffett has resigned as a trustee of the Bill and Melinda Gates Foundation as the charity grapples with problems related to the divorce of its founders. 90-year-old Buffet announced this by issuing a statement on Wednesday. In the statement, he said, ‘My goals are also in line with the goals of the Foundation.’ During this, he also said that he has reached half way to donate all of his Barkshire Hathaway shares to charity.

“For years I have been a trustee – an inactive trustee at that – of only one recipient of my funds, the Bill and Melinda Gates Foundation. I am now resigning from that post, just as I have done at all corporate boards other than Berkshire’s,” Buffett said in a statement.

Bill Gates and his wife Melinda, co-founders of the foundation, filed for divorce in May after 27 years of marriage but pledged to continue their philanthropic work together.

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