Warren Buffett resigns from Gates Foundation, has donated half his fortune

Buffett, 90, said in a Wednesday statement he has been an "inactive trustee" for years at the foundation, but fully supported Chief Executive Mark Suzman and that their goals were "100% in sync."

Billionaire investor Warren Buffett said he is resigning as a trustee of the Bill and Melinda Gates Foundation, and has donated half his wealth to philanthropy since pledging 15 years ago to give away his fortune from running Berkshire Hathaway Inc.

Buffett, 90, said in a Wednesday statement he has been an "inactive trustee" for years at the foundation, but fully supported Chief Executive Mark Suzman and that their goals were "100% in sync."