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Warren Buffett to retire from Berkshire Hathaway by year's end
Warren Buffett to retire from Berkshire Hathaway by year's end
by  AFP

Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway business group by the end of the year and that he would recommend his chosen successor Greg Abel take over. Buffett indicated several years ago 62-year-old Abel would be his pick for successor.

Warren Buffett: billionaire investor with simple tastes
Warren Buffett: billionaire investor with simple tastes
by  AFP

Admired for his investing prowess and a taste for the simple things in life rather than luxury, billionaire Warren Buffett has won public affection even as he amassed a fortune for the ages -- riches that the "Oracle of Omaha" has pledged to give away.

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