Handpicked successor inherits record cash pile — but will be scrutinised more than ‘Oracle of Omaha’
Since 1965, the ‘Sage of Omaha’ has been the driving force behind Berkshire Hathaway. His successor has big shoes to fill
Berkshire shareholders witnessed the end of an era at the legendary investor’s annual meeting
‘Oracle of Omaha’ stuns shareholders, but says he will maintain investments in group and will still be ‘hanging around'.
The 94-year-old had been speaking at the company's annual shareholder meeting in Omaha, Nebraska, when he made the announcement.
The 94-year-old had been speaking at the company's annual shareholder meeting in Omaha, Nebraska, when he made the announcement.
The veteran investor known as the Sage of Omaha told his company's annual meeting that he would hand over the reins to Vice-Chairman Greg Abel.
The ‘Oracle of Omaha’ announces plans to retire from his sprawling conglomerate at annual meeting
This year's Omaha gathering comes after President Trump launched a global trade war, intensifying political tensions between the U.S. and other nations.
This year's Omaha gathering comes after President Trump launched a global trade war, intensifying political tensions between the U.S. and other nations.