Warren Buffett, ranked as the 5th richest man in the world by Forbes with an estimated $168 billion, announced Saturday at a shareholders meeting that he is retiring as the CEO of Berkshire-Hathaway.
The 94-old investor, known as the “Oracle of Omaha” because of his “exceptional investment acumen and ability to predict market trends,” has pledged to give away 99.5% of wealth either during his lifetime or after his death through a trust overseen by his children. Continue reading
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