The 94-year-old investment guru, known as the Oracle of Omaha, revealed the decision at the company’s annual meeting in Nebraska, surprising even Abel, who was apparently unaware of the timing.
Buffett built Berkshire into a $1.16 trillion conglomerate with holdings in major firms like Apple and Coca-Cola.
DTNZ is committed to bringing Kiwis independent, not-for-profit news. We're up against the vast resources of the legacy mainstream media. Help us in the battle against them by donating today.
No login required to comment. Name, email and web site fields are optional. Please keep comments respectful, civil and constructive. Moderation times can vary from a few minutes to a few hours. Comments may also be scanned periodically by Artificial Intelligence to eliminate trolls and spam.
Independent and not-for-profit New Zealand and world news and opinion.
© 2021-25 All Rights Reserved. Orion Media Limited.
