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Jane Buffett, the widow of singer Jimmy Buffett, is seeking to remove the co-trustee of her husband’s estate, saying he has failed to act in her best interests. The singer, who died in 2023, left an estate with $275 million in assets for the benefit of his wife, but Jane Buffett claimed in a court … Read more
On July 3, 2006, Warren Buffett drove to the U.S. Bank branch in downtown Omaha, walked in, went downstairs, and opened his safe-deposit box. He removed a piece of paper, a certificate for 121,737 shares of Berkshire Hathaway stock. It was worth about $11 billion. The money from the sale of those shares, a fraction … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. If Warren Buffett is to be believed, his announcement after Saturday’s annual meeting of Berkshire Hathaway that he plans to step down as chief executive at the end of the year was news to all … Read more
Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. The revelation came as a surprise because the 94-year-old had previously said he did not plan to retire. Buffett, one of the world’s richest people and most accomplished investors, took control of Berkshire Hathaway in 1965 when it was … Read more
Key Takeaways Warren Buffett will step down as CEO of Berkshire Hathaway by the end of the year, with Greg Abel taking over. Under Buffett’s leadership, Berkshire achieved a 20% compounded annual gain from 1965 to 2024, significantly outperforming the S&P 500. Share this article Strategy Executive Chairman Michael Saylor has called Berkshire Hathaway, the … Read more
Berkshire Hathaway lead director Sue Decker said the heir to CEO Warren Buffett’s throne is already transitioning into the top spot. Berkshire Hathaway Energy CEO Greg Abel is set to take over Buffett’s role as chief executive of the overall conglomerate. “In the last year, the board, really Greg and Warren, have moved from sort … Read more
In a year that hasn’t been kind to many big-name stocks, Warren Buffett’s Berkshire Hathaway is standing near the top. Berkshire shares have posted a 17% return year-to-date, while the S&P 500 index is down 6%. That performance places Berkshire among the top 10% of the U.S. market’s large-cap leaders, and the run has been … Read more
Howard G. Buffett, chief executive officer of the Howard G. Buffett Foundation together with Ukraine’s Minister of Economy Yuliia Svyrydenko and local woman cook easter bread at their house in Popivka, Sumy region, Ukraine, April 5, 2025. AP Photo/Evgeniy Maloletka
Cooper Flagg #2 of the Duke Blue Devils moves the ball against the Baylor Bears during the second round of the 2025 NCAA Men’s Basketball Tournament held at Lenovo Center on March 23, 2025 in Raleigh, North Carolina. Grant Halverson | NCAA Photos | Getty Images For the first time in nearly 10 years, a … Read more
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