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Here's how business leaders like Tim Cook and Jamie Dimon are reacting to Warren Buffett stepping down

Upworthy Sunday, 4 May 2025 ()
Warren Buffett announced he is stepping down as Berkshire Hathaway's CEO at the end of the year. - He has recommended that Greg Abel, a vice chair at the company, should succeed him. - Tributes have been pouring in from business leaders such as Tim Cook, Mark Cuban, and Jamie Dimon. Warren Buffett…
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News video: Buffett Steps Down: What Happens to Berkshire’s $348 Billion Empire Now? | | Who’s the New CEO?

Buffett Steps Down: What Happens to Berkshire’s $348 Billion Empire Now? | | Who’s the New CEO? 03:08

Warren Buffett has announced he’ll step down as CEO of Berkshire Hathaway by the end of 2025, naming Greg Abel as his successor. Abel, a 30-year veteran of the firm, will inherit control of Berkshire’s $348 billion cash reserves and $1.16 trillion empire. The news broke during the annual...

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