Warren Buffet Resigns From Gates Foundation

Warren Edward Buffett, Chairman and CEO of Berkshire Hathaway, has announced his resignation as trustee at Bill and Melinda Gates Foundation (BMGF).

The billionaire made his resignation known in a statement released on Wednesday.

He however failed to give further details as to why he was resigning as a trustee at the Bill and Melinda Gates Foundation.

“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,” Buffet said in a statement.

Lately, Bill Gates and his wife, Melinda who are both co-founders of the Gates Foundation have announced their split after 27 years of marriage. However, it is not known if Warren Buffet’s resignation is connected to the divorce announcement made by the couple.

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