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How much money he makes – Hollywood live

How much money he makes – Hollywood live

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Photo credits: Wirmage

Warren Buffett announced his resignation as CEO of Berkshire Hathaway in May 2025. The revelation came in his career at the company for six decades, where he will continue to act as chairman after giving up his leadership position. Thanks to the age of 60 with the company, Buffett became one of the richest billionaires in the world and increased the fifth highest assets in the world per world Forbes.

Buffett met in May 2025 with the shareholders of Berkshire, where he broke out the news from his decision to withdraw.

“Tomorrow we have a board meeting of Berkshire and 11 directors. Two of the directors who are my children, Howie and Susie, know what I will talk about there,” Buffett started. “The rest of them will come as the news, but I think the time has arrived there Greg [Abel] Should be Chief Executive Officers of the company at the end of the year ”,”

In the following you will learn more about Buffett, his current fortune and the details behind his retirement by Berkshire Hathaway.

How old is Warren Buffett?

Buffett is 94 years old from May 2025.

Warren Buffett's assets

According to Buffett, Buffett has a net value of 160.1 billion US dollars from May 2025, so Forbes.

Why does Warren Buffett resign from Berkshire Hathaway?

Buffett did not reveal the reason why he resisted Berkshire as CEO by the end of 2025. Instead, he focused on praising his successor Greg Abel and his skills as a future CEO.

“I would add this – the decision to keep every share is an economic decision because I think that the prospects of Berkshire under Gregs Management will be better than mine,” said Buffett in an NBC messages in an arena of shareholders in May 2025. “It works much better with Greg than with me because I didn't want to work as hard as he works. I could get through with it because we basically have good business, very good business.”

Who is Warren Buffett's successor?

Abel is a 62-year-old Canadian businessman who served as the person who served Since January 2018 he has been the deputy chairman of the non -insurance operations of Berkshire Hathaway. He was also CEO by Berkshire Hathaway Energy, a subsidiary of the Pursue.

Four years before Buffett announced his departure as CEO, he confirmed that Abel would be his successor in May 2021. At that time Buffett told CNBC:

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