Warren Buffett Retires as Berkshire CEO; Leaves 6.1 Million Percent Return Legacy

Business
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CNBC Awaaz•01-01-2026, 09:43
Warren Buffett Retires as Berkshire CEO; Leaves 6.1 Million Percent Return Legacy
- •Warren Buffett retired as CEO of Berkshire Hathaway after 61 years, leaving a legacy of 6,100,000% return.
- •Greg Abel takes over as the new CEO; Buffett remains Chairman and will continue to guide daily.
- •Berkshire Hathaway's diverse portfolio includes Geico, BNSF, and retail brands like Dairy Queen.
- •The company achieved a 6.1 million percent return since 1965, vastly outperforming the S&P 500.
- •Successor for the $283.2 billion equity portfolio is yet to be decided.
Why It Matters: Warren Buffett's retirement marks the end of an era for Berkshire Hathaway, known for its phenomenal returns.
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