Warren Buffett, the 95-year-old chairman of Berkshire Hathaway, has redirected his annual charitable stock donations exclusively to four foundations linked to his family, skipping the Bill & Melinda Gates Foundation—the longtime top recipient that had received over $47 billion from him since 2006. In a statement accompanying this year’s gifts, Buffett explained that his aim is to give away all his Berkshire shares within roughly eight years, noting that his three children are aging and he trusts they can handle the share transfers by the end of 2034. The omission follows reports that Buffett had paused donations to the Gates Foundation while a review examined its connections to Jeffrey Epstein. Buffett’s decision departs from his earlier pledge to make lifetime annual gifts to the foundation, provided at least one of its founders stayed active.