The Ultimate Mic Drop: Warren Buffett Saves His Best for Last
After disclosing the big news, Buffett went on to say that he wouldn’t sell a single share of the company. (Daniel Zuchnik via WireImage)
Warren Buffett is not like other billionaires. He has no side hustles—no space company or massive foundation. That’s been among his great gifts.
On Saturday there was an earthquake in Omaha. Okay, not really. But it was a seismic financial shift of the world: After 60 years, Warren Buffett will step down as CEO of Berkshire Hathaway at the end of 2025.
He made the announcement in stunning fashion: in the last few moments of the annual Berkshire Hathaway shareholder meeting. Reporters had already sent out their “big scoop” from the meeting: Buffett’s criticism of President Trump’s tariffs. It was only after he’d finished answering hours of questions—part of the grand tradition of the Berkshire Hathaway annual meeting—that he dropped the real news on them.
Maintaining The Free Press is Expensive!
To support independent journalism, and unlock all of our investigative stories and provocative commentary about the world as it actually is, subscribe below.
Already have an account?
Sign In