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19 Jun 2025 6:37
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      Home > News > Business

    Billionaire investor Warren Buffett's announced he'll retire from Berkshire Hathaway by year's end

    Billionaire investor Warren Buffett's announced he'll retire from Berkshire Hathaway by year's end


    The 94 year old's recommended Greg Abel as his successor for the multinational conglomerate.

    Mr Buffett's added he has zero intention of selling one share of Berkshire Hathaway and will instead give it away.

    Berkshire Hathaway owns more than 60 companies, including battery-maker Duracell and restaurant chain Dairy Queen.

    It also has major stakes in Apple, Coca Cola, Bank of America and American Express among others.

    © 2025 Newstalk ZB, NZCity

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     18 Jun: Changes for the Accident Compensation Scheme
     18 Jun: Supermarket owners are doing what they can NOT to pass on rising food costs
     18 Jun: Small businesses are frequently seeing their loan applications turned down by banks
     Top Stories

    RUGBY RUGBY
    Being restricted to a diet of domestic hockey has had its benefits for the Black Sticks men More...

    BUSINESS BUSINESS
    Many households seem still nervous about the economic outlook More...


     Today's News

    		 Entertainment:
    Jessie J vowed to "beat" breast cancer in an emotional speech at her final show before she undergoes surgery 6:29

     Law and Order:
    Police investigations are underway in Christchurch after a body was found in a Riccarton car park 4:37

     Entertainment:
    Gina Gershon suffered "a lot of PTSD" following the release of Showgirls 21:59

     Entertainment:
    Jessica Alba's children "couldn't have a better dad" 21:29

     Hockey:
    Being restricted to a diet of domestic hockey has had its benefits for the Black Sticks men 21:17

     International:
    Pacific nations Tonga, Vanuatu and Tuvalu face sweeping US travel bans — and it's not clear why 21:07

     Entertainment:
    Kara Tointon felt "very happy" and "relieved" after undergoing a preventative double mastectomy last year 20:59

     Entertainment:
    Karen Gillan's life has been "a bit of a blur" since giving birth to her first child 20:29

     Entertainment:
    Lily Collins thinks Charlie McDowell was "born to be a dad" 19:59

     Entertainment:
    Patricia Arquette "didn't want to be limited" by her beauty during her acting career 19:29

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