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Oracle of Omaha to Step Down: Warren Buffett Ends 60-Year Reign at Berkshire Hathaway

Latest Update: Omaha-based investing legend Warren Buffett, 95, officially announced in his Thanksgiving shareholder letter on November 10 (local time) that he will step down as CEO of Berkshire Hathaway by the end of 2025. The move marks the conclusion of his 60-year career at the helm, though he will retain his role as chairman. Greg Abel, Buffett’s long-time deputy, is set to succeed him as CEO.

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