Warren Buffett Leads Berkshire’s $10 B Alphabet Investment and Ends Gates Foundation Stock Donations

Warren Buffett disclosed that he personally directed Berkshire Hathaway’s expanded stake in Alphabet, more than doubling the holding in the first quarter of 2024 and committing an additional $10 billion in a private placement. The move underscores Buffett’s continued active role in allocating Berkshire’s capital even after stepping down as CEO.

Separately, Buffett announced he will suspend the annual donation of Berkshire stock to the Bill & Melinda Gates Foundation after reviewing the Epstein files, though he maintains personal contact with Bill Gates. The Gates Foundation’s portfolio still holds Berkshire as its largest holding, reflecting the lasting influence of Buffett’s investment philosophy on the nonprofit’s equity strategy.