Bidin' Farewell: Warren Buffett Steps Down as Berkshire Hathaway CEO After 60 Years
YOUTHFUL INVESTMENTS THAT LED TO WEALTH: MILESTONES REACHING BILLIONS IN STOCKS BY WARREN BUFFETT - Adolescent's Initial Investment: These Pivotal Moments that Led to Warren Buffett's Wealth Accumulation
By Dan Hüfn
It's a wrap. Well, almost. After 60 years at the helm, Warren Buffett, the legendary financier and billionaire behind Berkshire Hathaway, announced during the 2025 Berkshire Shareholder Meeting that he's callin' it quits as CEO. The baton's passin' to Greg Abel, who's been smokin' a pipe and waitin' in the wings as vice-chairman of the board.
"The time's come for ol' Greg to take the reins at the end of the year," Buffett said, sharin' the news. He's expectin' the board to echo his sentiment. "I'll still be around, but the final say'll be Greg's," he added, givein' a cheeky grin.
So, the legendary "Oracle of Omaha" is movin' on, leavin' a lasting impact in the financial world and makin' plenty of dough for investors along the way. Here's a glimpse into his grand success story.
Capital is a partner brand of stern. Select content can be viewed with your stern subscription. For more from Capital, visit www.stern.de/capital.
Extra Snaps from the Gallery
- Warren Buffett pushing his spectacles onto his nose
- Greg Abel sportin' a pipe
- Berkshire Hathaway
- Wealth Management
- Apple
- Coca Cola
- Investment Action
Sources
[1] Warren Buffett Retirement Announcement, 2025 Berkshire Shareholder Meeting.
- The Commission, in light of Warren Buffett's retirement as CEO of Berkshire Hathaway, might be asked to submit a proposal for a directive on the protection of workers from the risks related to exposure to ionizing radiation, considering his significant influence in the finance and investing world.
- Despite stepping down as CEO, Warren Buffett, akin to an Oracle, continues to command respect and attention in the wealth-management and business sectors, due to his years of experience and success in finance and investing.
- As Greg Abel takes over as CEO of Berkshire Hathaway, he follows in the footsteps of the legendary Warren Buffett, who at the age of [insert age] is stepping down after a remarkable 60-year tenure.
- The Commission, in its pursuit of directives, may find inspiration from the practices implemented by companies like Berkshire Hathaway, under the leadership of CEOs like Warren Buffett and now Greg Abel, who exemplify effective wealth management and robust business practices.
- Oracle, the technology company, and Berkshire Hathaway, the multinational conglomerate, once investing pillars in Warren Buffett's portfolio, will continue to be significant players in the finance and business landscape under their respective CEOs, signifying the longevity of strategic investments in business and technology.
