End of the era … Warren Buffett retired from his position in “Berkshire” 6 decades later

Global Billionaire Warren Buffett has expanded for over six decades, and at the end of this year, Greg Abel has announced that he will soon be asked from the Hathaway Board, who was appointed as the executive chairman of the year.

Although Buffett was 94 years old, Abel was appointed after him in 2021, surprised by thousands of fans who met at this annual meeting this year.

Berkshire is one of the largest alliance in the world and runs the portfolio of about 200 companies.

Tomorrow, we will hold a meeting of the Berkshire Board of Directors and we have 11 members. Two members, my son, havi and suji, know what I talk about there. When it comes to the rest, it will be a new news for them, but I believe it has time to become the CEO of the company at the end of this year. Vice chief of insurance operations in 62 -year -old Abel Berkshire.

A group of ten thousand stakeholders who flocked to Omaha to attend the event were applauded after the announcement.

“This is a very historical success,” J. At Stren, Chief Investment Officer Christopher Rasbach and the oldest shareholder in Berkchair, partners of tears from the hall. (Berkshire Hathaway) is a great company and amazing success. It includes the greatest of American capitalism and entrepreneurship. ”

Buffett returns his position with a trap; Shares of Berkshire “A” – Buffett himself and his first investors were closed on a record level of $ 809808.50 on Friday, reflecting his long -term investment success, and the cash flows from Berkshire’s operational work.

Puffet, who has over $ 160 billion in “Berkshire”, has assured him that he will retain his shares in “Berkshire”, even if the official does not lead the team. He said: «I didn’t want to sell any shares of (Berkshire Hathaway). I gradually give up it. “I want to add a financial decision to keep every share of the financial decision, because I believe that the horizons of Greg management (Berkshire) are better than my administration,” said Pavit, who used the stick at the meeting, but answered four hours with the amazing card and clarity of his age.

Buffett praised about 40,000 shareholders for his most practical administrative style with more than 60 companies belonging to “Berkshire”. “It is more beneficial than me, because you know, I don’t want to work hard,” Buffett said. I can escape from punishment because we have a good job in the first place, very good. ”

In 1965, Buffett bought a tissue factory in New England at the time, and for over six decades, he turned the company into a special alliance, including various companies from Giko Insurance Company to BNSF Railway. Puffett has been entrusted with the enthusiasm as Berkshire shares reached the new peak, which increased the value of the market to about about 1.2 trillion.

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