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7 May 2025 6:54
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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

    4 May 2025
    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


     Other Business News
     06 May: The Commerce Commission's filed criminal charges against Woolworths - alleging inaccurate pricing and misleading specials
     06 May: The Government will make major savings over the coming years by outperforming on its housings goals
     06 May: Another mixed bag when it comes to the state of Kiwis' finances
     06 May: A tough winter ahead for meat processing plants, as livestock numbers continue to decline
     05 May: A Kiwi negotiation team's in India this week, holding our first in-person Free Trade Agreement talks
     05 May: A strong summer has taken Auckland property sales to a four-year high
     05 May: Beef cattle are the standout - among reducing livestock populations over the past decade
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    Netball New Zealand have reassured players and coaches about an ANZ Premiership next year, despite no further progress on sorting a broadcast deal More...

    BUSINESS BUSINESS
    The Commerce Commission's filed criminal charges against Woolworths - alleging inaccurate pricing and misleading specials More...


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