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The Oracle of Omaha takes his last bow. It’ll be a new Berkshire Hathaway from here on out

Warren Buffett, aged 94, announced at Berkshire Hathaway's annual shareholder meeting he will step down as CEO by year-end and hand control to Greg Abel.
Buffett made this decision amid significant global changes in 2023, including economic uncertainty linked to President Donald Trump's tariffs and evolving markets.
The announcement followed the recent death of Buffett's longtime partner Charlie Munger, who died at age 99 in late 2023, and was featured during their Saturday question-and-answer session.
Buffett has a personal fortune of $169 billion, and Apple CEO Tim Cook praised him saying, "There's never been someone like Warren" and trusts Greg Abel to lead Berkshire.
Buffett acknowledged that sustained high returns are harder now due to Berkshire's scale, and his exit signals a leadership transition during an uncertain economic period.

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CNN

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The Oracle of Omaha takes his last bow. It’ll be a new Berkshire Hathaway from here on out

Warren Buffett said Saturday at Berkshire Hathaway’s annual shareholder meeting that he would step down as CEO at the end of the year, handing the reins to his chosen successor, Greg Abel.

2 days ago·Atlanta, United States

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American Thinker

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The Oracle of Omaha Steps Down

After over six decades at the helm of Berkshire Hathaway, the end of this year marks the finale: Investment legend Warren Buffett is stepping down. Buffett weathered market storms and geopolitical turbulence by translating the Bretton Woods order int...

1 day ago

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Bloomberg

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Warren Buffett, Investing’s Philosopher King

The Oracle of Omaha plans to step down at Berkshire Hathaway. But his legacy will echo across markets for generations.

2 days ago·United States

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Kronen Zeitung

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Investor legend Warren Buffett kicks shorter

The legendary US investor Warren Buffett wants to leave the management of his holding company Berkshire Hathaway at the end of the year. The billionaire is known for having a particularly good sense of market developments. Before his departure, he missed US President Donald Trump another thought sheet. He will propose to the Board of Directors to raise his designated successor Greg Abel to the top by the end of the year, said the 94-year-old at …

2 days ago·Vienna, Austria

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n-tv.de

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Investor legend kicks short: Warren Buffett resigns management of Berkshire Hathaway

Warren Buffett is one of the most famous investors in the world. Now, the 94-year-old announces that he will be managing his holding company Berkshire Hathaway. In the future, Buffett wants to be a consultant to the company.

3 days ago

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Deník N

How will the legendary Omaha firm operate after Warren Buffett's departure? It can rely on other strong names

Warren Buffett, one of the most famous investors who has earned the nickname "the Oracle of Omaha" over more than seven decades in business, announced his retirement at a shareholders' meeting. How will the company with four hundred thousand employees function without him? And how did he choose his successors?

20 hours ago

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