Warren Buffett has announced he will retire as chief executive of Berkshire Hathaway at the end of the year. The veteran investor, known as the Oracle of Omaha, told his company’s annual meeting he would hand over the reins to Vice-Chairman Greg Abel. “I think the time has arrived where Greg should become the chief executive of the…
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan (Follow along with our full coverage of Berkshire Hathaway’s annual meeting here.) Warren Buffett’s Berkshire Hathaway reported first-quarter results on Saturday that showed a steep drop in operating earnings…
Warren Buffett and Greg Abel during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Warren Buffett has been mum about tariffs and the recent market turmoil, but will finally speak his mind when the 94-year-old investment legend kicks off Berkshire Hathaway’s annual shareholder meeting on Saturday. Tens of thousands of rapt…
Attendees arrive at the auditorium of the CHI Health Center during the Berkshire Hathaway annual meeting in Omaha, Nebraska, US, on Saturday, May 6, 2023. David Williams | Bloomberg | Getty Images For decades, Berkshire Hathaway‘s annual meeting — Warren Buffett’s “Woodstock for Capitalists” — has attracted foreign investors traveling to Omaha, Nebraska, sometimes from thousands…
Warren Buffett surveys the concourse ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway shares got a boost after Warren Buffett’s conglomerate reported a surge in operating earnings, but shareholders who were waiting for news of what will happen to its enormous pile…
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan. Bloomberg | Bloomberg | Getty Images Berkshire Hathaway is committed to its Japanese investments for the long term and has reached an agreement with the companies to own beyond the initial 10% ceiling, Warren Buffett said in his…
