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5 May 2025 2:53
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      Home > News > Business

    Billionaire investor Warren Buffett's announced he'll retire from Berkshire Hathaway by year's end

    Billionaire investor Warren Buffett's announced he'll retire from Berkshire Hathaway by year's end


    The 94 year old's recommended Greg Abel as his successor for the multinational conglomerate.

    Mr Buffett's added he has zero intention of selling one share of Berkshire Hathaway and will instead give it away.

    Berkshire Hathaway owns more than 60 companies, including battery-maker Duracell and restaurant chain Dairy Queen.

    It also has major stakes in Apple, Coca Cola, Bank of America and American Express among others.

    © 2025 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Moana Pasifika have moved into Super Rugby Pacific's top six after beating the Highlanders for the first time, 34-29 in Dunedin More...

    BUSINESS BUSINESS
    Billionaire investor Warren Buffett's announced he'll retire from Berkshire Hathaway by year's end More...


     Today's News

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     Environment:
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