Saturday Nov 15, 2025
Saturday, 15 November 2025 00:17 - - {{hitsCtrl.values.hits}}
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| Warren Buffett |
Warren Buffett will step down as CEO of Berkshire Hathaway at the end of 2025, ending a leadership run of more than 60 years. The 95-year-old investor, born on 30 August 1930, transformed Berkshire from a failing textile operation into a US conglomerate valued at about $ 880 billion, with interests in insurance, rail, utilities, energy, retail, and manufacturing. His reputation as the “Oracle of Omaha” and his disciplined, value-oriented approach shaped modern investing.
Buffett will retire as CEO on 31 December 2025, and Vice-Chairman Greg Abel will assume the role on 1 January 2026. Buffett will stay on as board Chairman, while Abel, who has overseen all non-insurance businesses since 2018, continues managing operations.
Berkshire’s cash reserves stand at roughly $ 382 billion, the largest corporate cash position in the US. Apple Inc. remains the company’s biggest equity holding despite recent reductions. Buffett’s lifetime charitable giving now exceeds $ 60 billion, including a $ 1.3 billion contribution in November 2025 to four family foundations.
Buffett’s annual letters, partnership with Charlie Munger, and long-term investment philosophy have had enduring influence on markets, corporate governance, and philanthropy.