Warren Buffett’s last day as Berkshire CEO puts focus back on rare asset
Yahoo Finance·2025-12-31 20:22

Core Insights - Warren Buffett will step down as CEO of Berkshire Hathaway on December 31, 2025, after 60 years in the role, transitioning leadership to current Vice Chairman Greg Abel [1][2][3] - Under Buffett's leadership, Berkshire Hathaway evolved from a struggling textile manufacturer to a global conglomerate, now ranked as the world's 11th largest company with a market capitalization exceeding $1 trillion [1][3] Company Developments - Buffett's tenure has seen Berkshire Hathaway invest across various sectors, including technology and insurance, but the company has largely avoided exploring digital assets, reflecting Buffett's public skepticism towards cryptocurrencies [4][5] - Berkshire Hathaway divested its entire stake in Nu Holdings, a crypto-friendly digital bank, in Q1 2025, marking a complete exit from crypto-related investments and realizing approximately $250 million in gains from this divestment [6][8]

Warren Buffett’s last day as Berkshire CEO puts focus back on rare asset - Reportify