Warren Buffett Berkshire spent the last 60 years of his storey career in Hathaway’s Helm. On Saturday, he announced his authority as CEO approached.
The 94-year-old investment legend has announced an announcement of the company’s annual shareholder in Nebraska, Omaha. “It’s time,” said Buffett said. Greg Habel is expected to be seen for a long time because it was the probable heir, and after the beginning of the CEO.
“It feels like the right moment to capture the management of the company at the end of this year,” he said.
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Buffett, was not reported in Abel, including the remaining Berkshire’s board, which was released from his children. He even accepted them as a surprise. “Greg does not know that I have said this right now,” said Buffett said the crowd.
While the best executive role refused, Buffett showed that it still will still be available in the advice potential.
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Buffett’s course marks the end of a transformative era. Under his leadership, Berkshire Hathaway developed from a tissue manufacturer who struggled in one of the largest and most various Conglomerates in the United States. In May 2025, the company has a $ 1.2 trillion market cap.
Buffett is worth about $ 170 billion per Bloomberg and is the largest shareholder of Berkshire Hathaway.
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