Warren Buffett’s video, who came home to his long -time residence in a modest Cadillac, took the Internet a storm – just hours after the legendary investor amazed the shareholders by announcing his retirement.
The video shows Buffetta worth over $ 132 billion, returning to the same house he bought in 1958 and has lived since then. Although he is one of the richest men in the world, the 94 -year -old billionaire has long fascinated fans. He saw him coming in Cadillac in 2017, while his wife manages 15 -year -old explorer Ford. Several people in the comment section were skeptical and wondered if it really resembles an iconic house from a “godfather”.
Read | “Apple Tim Cook CEO earned more money for Berkshire Hathaway than I ever did”: Warren Buffett | Top 10 citations
Buzz around the video comes on the heels of an even greater surprise: Buffett’s announcement on Saturday that at the end of the year he will withdraw as CEO Berkshire Hathaway and end the legendary career that lasted over six decades.
“I think that Greg should become the CEO of the company at the end of the year,” Buffett said, according to The Associated Press. Greg Abel, who currently oversees all non -securing companies in Berkshire, has been appointed Buffett’s successor.
Read | Berkshire Hathaway holds Japanese shares after “50 years or forever” after an increase bet to 9.8% in Mitsubishi, 4 more
Until now, Buffett has claimed that he does not intend to retire, and many believed that Abel would take over after Buffett’s death. Even Abel himself did not know that this decision would be published on Saturday.
Permanent Ovation for Warren Buffett
Meanwhile, another video became a viral video that showed an ovation for Warren Buffett at Berkshire Hathaway’s annual meeting in Omaha 2025. More than 40,000 shareholders wrapped the arena to witness the 94 -year -old investment icon at the end of the year.
When Buffett made an emotional announcement, the crowd raised his feet in a stormy applause and paid tribute to his six -year visionary leadership. Buffett, known as “Oracle of Omaha”, is widely considered to be one of the most successful investors of all time, attributed not only to his business gorge, but also for his wisdom and integrity in the changing financial environment.
The Indian Gautam Baid portfolio manager, who was present at the event, shared a clip of permanent ovation and wrote: “Permanent ovation for the Great Warren Buffett of 40,000+ people here in the arena.”
(Tagstotranslate) Warren Buffet Age
