It's Warren Buffett's 96th birthday. His last year was one of the most transformational yet.
Warren Buffett turns 96 after an epic year in which he retired as CEO, made a big new bet, ramped up his giving, and shared plenty of wit and wisdom.
Warren Buffett, the chairman and former CEO of Berkshire Hathaway, celebrated his 96th birthday on Sunday. Since his 95th birthday, his last year has been marked by significant transformation, including a major investment in Alphabet and a substantial increase in his charitable giving. In a Thanksgiving message, Buffett reflected on his life, thanked those who helped him, and advised followers on how to learn from mistakes and care for others.
He retired as CEO at the end of December after six decades with the company, though he remains its chairman. Buffett shared life lessons during a CNBC interview, urging people to avoid debt, find fulfilling jobs, and live up to the obituaries they desire. Berkshire's annual report highlighted Buffett's impressive performance, with stock value increasing by 6,100,000% since 1965, outpacing the S&P 500's 46,100% return.
Berkshire's investments in Apple, Coca-Cola, American Express, and Moody's also saw substantial growth. Despite the current market sentiment, Buffett remains cautious, describing it as a "church with a casino attached." He said he plans to distribute his entire Berkshire fortune to charitable causes by 2034, acknowledging both his good fortune and luck.
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- Warren Buffett is 96. Take a look at the business legend's remarkable life. businessinsider.com
