Gates foundation has become complacent and does not take risks required to effective philanthropy.
With annual budget that exceeds that of the World Health Organization, offices across the globe with networks and ties.<p>Bill Gates personality seems also be the issue. Buffett is very big on good corporate governance. If Gates fails on that It's not surprise that he stops giving money. Reading between the lines, you can see that Buffet started to distance himself from Gates after the divorce and dirty details. There will be more dirt coming.<p>Gates has always been a bully in the office (he admits it in his memoir). He is also bad boy in general. Microsoft banned interns from being alone with Gates.<p><a href="https://archive.ph/ixbir" rel="nofollow">https://archive.ph/ixbir</a><p>>Mr. Buffett — known for his love of lean and efficient operations free of bureaucracy — had been bothered by what he saw as the bloat and inflated operating costs of the Bill & Melinda Gates Foundation,<p>...<p>>The Gates Foundation had settled into a groove and even become complacent, Mr. Buffett told staffers, which reduced its appetite for taking the kinds of risks that could lead to more effective philanthropy, and that he had hoped his donations would be used for. He was also upset by comments relayed to him by others who had found Mr. Gates rude and condescending, according to multiple accounts. Mr. Buffett had long offered Mr. Gates advice on how to be a friend: Be aware of how your closest friends think of you, Mr. Buffett would tell Mr. Gates, and be good to them.