Berkshire, Warren Buffett
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6don MSN
As Warren Buffett Prepares to Step Down, His Warning to Wall Street Is Now at Ear-Shattering Levels
About one in five Americans works past the traditional retirement age, according to Pew Research. And billionaire Warren Buffett has proven that it can be quite lucrative to keep working in older age — the 94-year-old Berkshire Hathaway CEO earned close to 95% of his personal wealth after age 65, per Barron's.
Warren Buffett says he'll keep penning letters, and speed up his giving but retain a big Berkshire stake until his successor wins over shareholders.
Warren Buffett, 95, announced in May that he would be retiring from his role as CEO of Berkshire Hathaway at the end of 2025. He has now written a letter to Berkshire Hathaway shareholders outlining his plans, stating: "I will no longer be writing Berkshire’s annual report or talking endlessly at the annual meeting."