Warren Buffett to step down from Berkshire Hathaway: A look at his $169 billion net worth and investments

Warren Buffett, the worlds fifth-richest person with an estimated net worth of $169 billion, has announced his retirement as CEO of Berkshire Hathaway at age 94. At the companys annual meeting in Omaha, he revealed Greg Abel would take over by year-end. Buffett's wealth has grown by $16.4 billion in 2025 despite market downturns. Known for his cautious, long-term investing style, Buffett is stepping down after 54 years, leaving behind a $267 billion portfolio and a legacy built on discipline over hype.