Tag: Warren Buffett

Business

Warren Buffett drops Gates Foundation from annual donations

Warren Buffett, a founding trustee of the Gates Foundation, also co-founded The Giving Pledge alongside Bill Gates and his then-wife, Melinda French Gates, to encourage billionaires to commit a significant share of their wealth to philanthropy. Buffett stepped down from the Gates Foundation’s board in 2021 but has continued to contribute billions of dollars to […]

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 […]