Reported about 6 hours ago
Warren Buffett, the 94-year-old CEO of Berkshire Hathaway, will step down at the end of 2025, passing leadership to vice chairman Greg Abel. With a net worth of nearly $169 billion, primarily from his 37% stake in the company, Buffett emphasizes the importance of responsible leadership without excessive greed. Under his tenure since 1970, Berkshire has consistently outperformed the S&P 500, bolstered by its diverse investments.
Source: YAHOO