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Warren Buffett He announced his retirement as CEO of Hathaway in May 2025. The revelation came six decades in his career with the company, where he will continue to work as a president after he abandoned his executive position. Thanks to 60 years with the company, Buffett has become one of the richest billionaires in the world, as it achieved the fifth highest net value in the world, for each. Forbes.
Buffett met with Berkshire shareholders in May 2025, breaking the news of his decision to step down.
“Tomorrow, we are facing a meeting on Berkshire, and we have 11 managers. Two directors, my children, Howe and Susie, know what I will talk about there,” Buffett started. “The rest of them, this will come as news, but I think the time has reached where Greg [Abel] The company’s CEO must become at the end of the year, “
Below, learn more about Buffett, its current clear value and the details behind its retirement from Berkshire Hathaway.
Warren Buffett has just got about 10 minutes of applause after he announced his retirement.
Curtain invitation to the captain.
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Spencerhakimian May 3, 2025
How old is Warren Buffett?
Pavite is 94 years old as of May 2025.
Warren Pavite’s net value
As of May 2025, its net value is $ 160.1 billion Forbes.
Why is Warren Buffett from Berkshire Hathaway?
Buffett did not reveal the reason for his decision to step down as CEO of Berkashire by the end of 2025. Instead, he focused on praising the Gulf of Greg Abel, and his capabilities as a future executive.
“I would like to add this – The decision to keep every share is an economic decision because I believe that Berkshire’s prospects will be better under the management of Greg than the Greg administration.” “It works better with Greg more than me because, as you know, I didn’t want to work hard as it works. I can get rid of it because we have a good work mainly, a very good job.”
Who is the successor of Warren Buffett?
Abel, a 62 -year -old Canadian businessman, has held a position Berkshire Hathaway, Vice President of Berkshire Hathaway since January 2018. He was also the CEO of Berkshire Hathawaay Energy, a subsidiary of a subsidiary of a company.
Four years before Buffett announced his departure as an executive president, he confirmed that Abel would be a successor to him in May 2021. At that time, he told Pavit CNBC“The managers agree that if something happens to me tonight, it will be Greg that will take over tomorrow morning.”
