• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Some Fortune Crypto pricing data is provided by Binance.
LawBill Gates

As Gates’ Epstein connection unnerves staff, his foundation looks for a way forward

By
Jake Angelo
Jake Angelo
Former News Fellow
Down Arrow Button Icon
By
Jake Angelo
Jake Angelo
Former News Fellow
Down Arrow Button Icon
February 20, 2026, 3:06 AM ET
bill gates
Bill Gates abruptly canceled his appearance at the AI Impact Summit in New Delhi.Patrick van Katwijk—Getty Images
Add Fortune on Google for similar content.

Microsoft cofounder Bill Gates pulled out of an AI summit in New Delhi on Thursday, just hours before the billionaire was slated to deliver a keynote speech. 

Recommended Video

The move came despite the Gates Foundation confirming as recently as Tuesday that Gates would be attending the event. When asked for comment, the organization told Fortune Gates decided not to give the keynote address “to ensure the focus remains on the AI summit’s key priorities.” Instead, the Gates Foundation was represented by Ankur Vora, president of its Africa and India offices. “The Gates Foundation remains fully committed to our work in India to advance our shared health and development goals,” the organization said.  

Gates’ abrupt decision follows renewed scrutiny of his connection to Jeffrey Epstein. The U.S. Department of Justice released emails last month featuring Bill Gates’ name in the Epstein files, sparking new questions over Gates’ involvement with the late financier and convicted sex offender. The emails suggested that Gates and Epstein had several meetings after Epstein’s release from prison in 2009, with conversations focused on Gates’ philanthropic goals. The files have inspired some of those associated with Gates to clarify the extent of his relationship with Epstein.

Gates’ mention in the latest batch of Epstein files has reportedly caused rumblings within the Gates Foundation. At a town hall on Feb. 5, the foundation’s CEO, Mark Suzman, told staff he was unsettled by the emails. “I feel somewhat sullied by just any association of Epstein with the work we do,” Suzman said, according to the Financial Times. The comment came after staff had raised concerns over the potential damage Gates’ association with Epstein, particularly in their conversations surrounding the philanthropic organization, could have on the foundation.

A continued philanthropic mission

Gates said last year the foundation would spend $200 billion over the next 20 years and then close by 2045 as part of the billionaire’s plan to give away most of his wealth. In 2010 Gates signed onto the Giving Pledge, a campaign launched by Gates, his ex-wife Melinda French Gates, and former Berkshire Hathaway CEO Warren Buffett, encouraging the world’s richest to commit the majority of their wealth to charitable organizations.

The billionaire remains a major philanthropist, with an $86 billion footprint spanning more than 130 countries. This year, the foundation established a record-breaking $9 billion annual payout. While the foundation will continue to focus on global health, it has also committed to increasing the budgets of programs centered on women’s health and AI education in the U.S.

Gates has also taken steps to shrink his real estate footprint. Property records show the billionaire has put up for sale a $4.8 million, four-bedroom home in Medina, Wash., that sits adjacent to his Xanadu 2.0 mansion on Lake Washington. Over three decades, Gates has developed the area around the property, which has an appraised value of approximately $132 million as of 2025.

Gates has also made a significant payment to his ex-wife, Melinda French Gates. In 2024 Gates gave nearly $8 billion as part of a previously reported agreement that he would give $12.5 billion following their announced split in May 2021. The donation was made to French Gates’ charitable organization, Pivotal Philanthropies Foundation, which she started in 2022.

Aside from his planned appearance at the AI summit, Gates has made few public appearances since the latest batch of files were released last month. One of his only public appearances came earlier this month in an interview with 9 News Australia, where he expressed regret over his relationship with Epstein: “Every minute I spent with him I regret, and I apologize that I did that.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
By Jake AngeloFormer News Fellow
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Law

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Law

Anthropic CEO Dario Amodei
AIAnthropic
Anthropic’s AI models are back online after a two-week government standoff—settling the company and administration into a fragile truce
By Tristan BoveJuly 1, 2026
9 hours ago
Image of colored bar charts with one being pushed up.
NewslettersEye on AI
AI is minting billion-dollar companies faster than before
By Beatrice NolanJune 30, 2026
1 day ago
ark
Politicsarkansas
Arkansas defies federal court to launch SNAP candy-and-soda ban Wednesday
By Travis Loller and The Associated PressJune 30, 2026
2 days ago
US President Donald Trump arrives to speak during a Rose Garden Club dinner with American farmers at the White House in Washington, DC, on June 25, 2026.
EconomyBig Oil
Trump takes his inflation battle to gas retailers after his plot against the Fed runs aground—sets target for $2.50 a gallon
By Eleanor PringleJune 30, 2026
2 days ago
Gojek founder Makarim found guilty in Indonesia Chromebooks case
AsiaIndonesia
Gojek founder Makarim found guilty in Indonesia Chromebooks case
By Chandra Asmara and BloombergJune 30, 2026
2 days ago
alan
LawSupreme Court
Supreme Court to Alan Dershowitz: take a hike with your $300 million defamation suit against CNN
By Lindsay Whitehurst and The Associated PressJune 29, 2026
2 days ago

Most Popular

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
19 hours ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
7 days ago
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
Newsletters
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
By Diane BradyJuly 1, 2026
17 hours ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
5 days ago
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
2 days ago
Current price of oil as of July 1, 2026
Personal Finance
Current price of oil as of July 1, 2026
By Joseph HostetlerJuly 1, 2026
13 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.