When is Warren Buffett stepping down as Berkshire CEO?

Warren Buffett is stepping down as Berkshire Hathaway CEO on December 31st.

How did Warren Buffett's Berkshire Hathaway perform?

Over 60 years, Berkshire Hathaway's returns significantly outperformed the S&P 500, by more than 100 to one.

When did Warren Buffett buy his first stock?

Warren Buffett purchased his first stock at the age of 11.

Home / Business and Economy / Legendary Investor Warren Buffett Ends CEO Era at Berkshire

Legendary Investor Warren Buffett Ends CEO Era at Berkshire

7 Dec

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Summary

Buffett began investing at age 11.
Berkshire Hathaway returns outpaced S&P 500 over 60 years.
Buffett steps down as Berkshire CEO on December 31st.

Legendary Investor Warren Buffett Ends CEO Era at Berkshire

Warren Buffett, a titan of business and investing, is set to conclude his tenure as CEO of Berkshire Hathaway on December 31st. His influence has been profound, with his investing acumen first demonstrated at the young age of 11. Over six decades leading Berkshire Hathaway, his company's performance has dramatically surpassed the S&P 500, yielding returns exceeding the market by a factor of 100 to one.

Buffett maintained a close connection with Fortune magazine throughout his career, notably with legendary editor Carol Loomis, who chronicled his journey. He shared pivotal philanthropic announcements with Loomis in 2006 and 2010, marking significant shifts in his approach to wealth distribution.

This transition marks the end of an era for both Buffett and Berkshire Hathaway. His legacy is cemented not only in his unparalleled investment success but also in his lasting impact on business and philanthropy, a journey Fortune has had the privilege to witness.