Warren Buffett to Donate $149 Billion in Berkshire Stock as He Steps Down as CEO

Nov 11, 2025 05:39 pm CST

Billionaire Warren Buffett announces retirement as Berkshire Hathaway CEO while pledging to donate his remaining $149 billion in company stock to charitable foundations. The 94-year-old investment legend will be succeeded by Gregory Abel after year-end, maintaining optimism about the company's future while expressing concerns about currency devaluation and trade policies.