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Billionaires Are Quietly Leaving the Giving Pledge. The Epstein Files Help Explain Why.

Newly released federal Epstein files reveal that Jeffrey Epstein privately predicted a scandal involving Bill Gates could cause donors to abandon the philanthropic initiative.

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As billionaires quietly distance themselves from Bill Gates’s Giving Pledge, newly released federal documents show that Jeffrey Epstein anticipated exactly this scenario more than a decade ago—warning that a scandal involving Gates could cause signatories to feel “no longer obligated to fulfill their pledge.”

The philanthropic initiative, launched by Gates and Warren Buffett in 2010, asked the world’s wealthiest individuals to publicly commit to giving away the majority of their fortunes. More than two hundred eventually signed.

A recent New York Post report described donors stepping away from what critics have begun calling a “scandal-scarred” institution, with venture capitalist Peter Thiel dismissing the initiative as an “Epstein-adjacent, fake Boomer club.”

Read Full Article Here… | Sayer Ji Substack

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