Warren Buffettthe legendary 94 -year -old investor known as the “Oracle of Omaha”, announced during the annual shareholders meeting of Berkshire Hathaway his intention to retire as CEO at the end of 2025. His successor will be Greg Abel, Current Vice President of Operations not related to insurance and President of Berkshire Hathaway Energy. Buffett will continue as president of the Board of Directors, maintaining its significant shareholding and offering advice when necessary
During his six decades mandate, Buffett transformed Berkshire Hathaway of a textile company in difficulties in a conglomerate valued in more than 1.2 billion dollars, with participations in sectors ranging from insurance to energy and railways. His investment approach based on value and business philosophy has been widely admired
The news of Buffett’s retreat generated a wave of reactions in the business world. Figures like Bill Gates, Tim Cook y Jamie Dimon They praised their integrity, wisdom and contributions to US capitalism. Mark Cuban He described him as his “investment hero”, while Jim Cramer He described him as the “only Goat” (Greatest of All Time) of the financial world.
