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5 May 2025 9:16
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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

     Other Business News
     05 May: The public's being asked to decide the future of the 101-year old History House Museum in Greymouth
     04 May: More than half of Kiwis have been directly affected by cyclones, storms and other natural events over the past two years
     03 May: A balance between the interests of teachers, and financial difficulties in the public sector
     02 May: A spike in companies going into liquidation
     02 May: Trump's deep-sea mining executive order sparks condemnation by scientists and conservationists
     02 May: Traffic management is in place on State Highway 29 in Matamata after a crash took down power lines
     02 May: Some signs of turn-around in the building sector
     Top Stories

    RUGBY RUGBY
    Moana Pasifika have moved into Super Rugby Pacific's top six after beating the Highlanders for the first time, 34-29 in Dunedin More...

    BUSINESS BUSINESS
    The public's being asked to decide the future of the 101-year old History House Museum in Greymouth More...


     Today's News

    		 Rugby League:
    A hint of sympathy from Canberra coach Ricky Stuart to Melbourne counterpart - and former team-mate - Craig Bellamy after their 20-18 golden-point triumph to complete the NRL's Magic Round in Brisbane 8:57

     Motorsports:
    Scott McLaughlin's edging towards a first podium finish of the season at the latest IndyCar series stop in Alabama 8:27

     Business:
    The public's being asked to decide the future of the 101-year old History House Museum in Greymouth 8:17

     Accident and Emergency:
    A hiker has gone missing in Milford Sound 7:57

     Motoring:
    Construction begins this week on a new pair of speed cameras in Auckland's Dairy Flat 7:47

     Netball:
    Goal shooter Grace Nweke has produced another dazzling Super Netball display to lead New South Wales to a 71-63 win over Queensland in Sydney 7:37

     International:
    When is the 2025 Met Gala? Where can I watch it in Australia? 7:27

     Law and Order:
    A 16-year-old assaulted in Orewa on Saturday is recovering in Auckland Hospital 7:17

     Health & Safety:
    In Papua New Guinea's main hospital, thousands of women were left on the floor after giving birth 7:07

     Law and Order:
    Eight men have been arrested by London's Met Police, as part of two separate counter-terrorism investigations 6:27

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