says he will call it quits at the end of the year Warren Buffett announces plan to retire as Berkshire Hathaway CEO at end of the year
That’s my boss’s boss’s boss. Realistically Warren had already taken a step back for a few years now. He split his duties between Greg Abel and Ajit Jain, but Greg Abel will take over.
As a retiree I can tell him it is not as easy to live off Social Security as it is when you get a weekly paycheck.
I know this in jest, but the guy will be able to live off just a day's worth of interest on his portfolio for the rest of his life.