Warren Buffett retired at the age of 95, left the chair of CEO after 60 years

Warren Buffett Retirement: This news can be very special for those interested in stock market and business news. Actually, tomorrow i.e. on December 31, 2025, the world’s biggest investor Warren Buffett retired. He is 95 years old. He was holding the post of CEO of Berkshire Hathaway for the last 60 years. From today he will be relieved from this post. Now Greg Abel will take over the responsibility of CEO of Berkshire Hathaway.

Warren, who retired at the age of 95, saw a lot in his career. While being the CEO for 60 years, many companies collapsed before him and many people became poor. But Warren remained as he was and kept getting richer day by day. Today we will tell about some interesting aspects related to his life.

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always on keypad phone

Warren Buffett, who bought shares for the first time at the age of 11, always used a keypad phone. Apple CEO Tim Cook gifted him an iPhone during the Covid call. However, he uses it only for the phone.

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Rs 34 lakh crore cash

His investment company Berkshire Hathaway is the world’s largest investment firm. The company has cash of Rs 34 lakh. He does not invest this money anywhere nor does he make an FD of it. He uses this money to buy poor companies. Warren believes that in every century there come many such occasions when some good company becomes bankrupt or sinks. In such a situation, there is a right opportunity to buy it at a lower price. And Warren makes purchases only through cash.

bad news is good news

Warren Buffett believes that when there is bad news for the market, it is good news for a smart investor. During this time people withdraw money from the stock market and the prices of shares fall. This is the right time when you can buy good shares at good prices.

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Warren Buffett follows this rule

While investing, Warren Buffett always follows this rule – ‘Rule number one is never lose money, and second is never forget rule number one.’ This is the foundation of Buffett’s entire investment approach. According to him, saving the Capitol should always be the first objective. Instead of chasing huge returns, Buffett emphasized that successful investing is really about avoiding loss.

Warren donates a lot

Buffett has promised to donate 99% of his wealth. He has already donated $60 billion, of which $40 billion has been given to the Gates Foundation. The remaining amount will be distributed over ten years after his death through a charitable trust managed by his three children.

Buffett says, “I have confidence in my children. They will work together and make the right decisions.”

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Warren Buffett is the 10th richest person in the world.

Warren Buffett is the 10th richest person in the world. According to Forbes, Berkshire Hathaway CEO Warren Buffett has a net worth of $148.1 billion. Although Buffett, known as “The Oracle of Omaha”, has never been poor, his wealth has changed significantly in the last five years.

According to a 2020 Forbes article, Buffett was third behind Jeff Bezos and Bill Gates with a net worth of $67.5 billion. This means that Buffett has added $82 billion to his name in the last five years. The article reported that during 2020, Buffett’s net worth had actually decreased by $15 billion between 2019 and 2021. This was due to the lack of travel in 2020, which reduced the value of Berkshire Hathaway’s airline holdings.

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Berkshire Hathaway has stake in many companies

Berkshire, the company of Warren Buffett, the world’s largest investor, has stake in many companies. In 1962 this company was owned by someone else. After this its founder offered it to Buffett to sell it. Warren agreed. But when it came time for payment, the owner had increased the price of the shares. This broke Warren’s confidence and he bought so many shares from the open market that he became its owner. However, the company had gone bankrupt. After this, Warren converted it into an investment company and expanded the business into different sectors. Today his company is doing business in 189 different businesses.

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Some of Berkshire’s major companies;

  1. Acme Brick Company
  2. IMC International Metalworking Companies
  3. Allegheny Corporation
  4. International Dairy Queen, Inc.
  5. Bell Laboratories
  6. IPS
  7. Ben Bridge Jeweler
  8. Jazzwares
  9. Benjamin Moore & Company
  10. johns manville
  11. Berkshire Hathaway Automotive
  12. Jordan Furniture
  13. Berkshire Hathaway Direct Insurance Company (THREE)
  14. Justin Brands
  15. Berkshire Hathaway Energy Company
  16. larsen-joule
  17. Berkshire Hathaway Guard Insurance Companies
  18. LiquidPower Specialty Products Inc. (LSPI)
  19. Berkshire Hathaway Homestate Companies
  20. Louis – Motorcycle & Laser
  21. Berkshire Hathaway Specialty Insurance
  22. Lubrizal Corporation
  23. Marmon Holdings, Inc.
  24. Helzberg Diamonds
  25. HomeServices of America

Not only this, under Buffett’s leadership, Berkshire invested more than ₹ 25 lakh crore in companies like Apple, Coca-Cola and Bank of America. In August 2024, Berkshire became the first non-tech US company to cross $1 trillion market capitalization, with ₹34 lakh crore in cash – the largest such reserves in the world.

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