Tag: Warren Buffett

Business

Warren Buffett to remain Berkshire chairman despite CEO change

The Berkshire Hathaway board unanimously voted on Sunday to appoint Greg Abel as president and CEO starting January 1, 2026, with Warren Buffett, 94, remaining as chairman. Buffett surprised both shareholders and Abel by revealing during the final minutes of the company’s annual shareholder meeting on Saturday that he would ask the board to replace […]

Billionaire Warren Buffett steps down as Berkshire Hathaway CEO
News

Billionaire Warren Buffett steps down as Berkshire Hathaway CEO

Legendary investor and long-time leader of Berkshire Hathaway, Warren Buffet announced on Saturday that he will step down as CEO of the $1.1 trillion conglomerate by the end of 2025. The announcement came during the company’s annual shareholder meeting. Buffett, 94, said he has selected Greg Abel, Berkshire Hathaway’s vice chairman for non-insurance operations, to […]

Zuckerberg now richer than Buffett with $7bn - Report
Business

Zuckerberg now richer than Buffett with $7bn – Report

The Forbes Billionaire Index shows that Meta’s founder, Mark Zuckerberg, has surpassed the famed businessman Warren Buffett in terms of wealth by $7 billion. Zuckerberg now has a net worth of $125 billion, while Buffett ranks seventh with a net worth of $118 billion. This rise has also moved Zuckerberg ahead of Microsoft co-founder Bill […]

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