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Warren Buffett Exits as Berkshire CEO, Earns Tim Cook’s Praise

TUAW Tuesday, 6 May 2025 ()
Warren Buffett, one of the most iconic investors in American history, announced his decision to step down as CEO of Berkshire Hathaway. The news came as a surprise to many at the company’s annual shareholder meeting on May 3, 2025. Buffett, now 94, won’t fully retire—he’ll remain chairman while Greg Abel prepares to take...
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Video Credit: Oneindia - Published
News video: Buffett Steps Down: What Happens to Berkshire’s $348 Billion Empire Now? | | Who’s the New CEO?

Buffett Steps Down: What Happens to Berkshire’s $348 Billion Empire Now? | | Who’s the New CEO? 03:08

Warren Buffett has announced he’ll step down as CEO of Berkshire Hathaway by the end of 2025, naming Greg Abel as his successor. Abel, a 30-year veteran of the firm, will inherit control of Berkshire’s $348 billion cash reserves and $1.16 trillion empire. The news broke during the annual...

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