At the annual assembly of Shareholders on Saturday, 94-year-old Buffett said that the leadership would leave to the sealing Greg Abel.
After he announced that he leaves, a great applause of those present.
Warren Buffett Just Got A 10 minutes long standing Ovation after announcing his retirement.
Curtain Call for the Captain.
– Spencer Hakimian (@spencerhakimian) May 3, 2025
“I think it was time for Greg to become the company’s executive at the end of the year,” Buffett told Omaha, writes index.hr.
Buffett, which has been stumbled by the textile company built an investment empire worth 1.08 trillion euros, is considered the most successful investor in history.
He claims that they were about his decision to withdraw only his son Howard and SuSie daughter. As he published the BBC, Abel, which was sitting next to Buffett, was apparently assessed by Buffett’s statement.
Buffett actually chose Abel for the successor for four years ago, but then there was no indication that he would retire.
Berkshire Hathawaya is owned by more than 60 companies. In addition, it has a large ownership stake in, among others, Apple and Coca-Coli. Buffett has donated billions in the world in the world to charity.
Buffett is also known for its philanthropic donations worth more billion euros. According to the last month’s list of the Bloomberg Agency, the fourth is the richest man in the world with an estimated wealth of 142 billion euros.
He earned the first money as a six-year-old, the first shares he bought at 11 years, and then surrendered the first tax return on 13. Despite the wealth, Buffett lives in the same humble house in Omaha.
(Vijesti.ba)
