Warren Buffett Opens Up About Why He’s Stepping Down as Berkshire Hathaway CEO

Warren Buffett, the 94-year-old investing legend and long-time CEO of Berkshire Hathaway, has announced he will retire by the end of the year, handing the reins to Vice Chairman Greg Abel. After six decades at the helm, Buffett cited the irreversible toll of aging as the reason behind his decision.

Source: NDTV

Warren Buffett to Hand Over Berkshire Hathaway Reins to Greg Abel

Warren Buffett, 94, has announced he’ll step down as CEO of Berkshire Hathaway by the end of 2025, naming Greg Abel as his successor. Buffett will remain involved in some capacity. Abel, long seen as the heir apparent, is currently vice chairman. The company continues to hold major tech investments, including Apple.

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