Warren Buffett, one of the world’s most iconic investors, has officially announced that he plans to retire by the end of this year. The 94-year-old billionaire, often referred to as the “Oracle of Omaha,” made the announcement during Berkshire Hathaway’s annual shareholders meeting, held in Omaha on Saturday.
Buffett also revealed that he will recommend Greg Abel, currently the vice-chairman of Berkshire Hathaway, as his successor. Abel has long been seen as Buffett’s heir apparent, managing the company’s non-insurance business operations.
Warren Buffett’s Net Worth in 2025
As per the Bloomberg Billionaires Index, Warren Buffett’s net worth stands at an estimated $169 billion. Forbes places it slightly lower at $168.2 billion. Despite a volatile market, Buffett has grown his fortune by $16.4 billion this year, making him the only top 10 billionaire to see gains in 2025.
The majority of his wealth comes from his massive holding of Berkshire Hathaway Class A shares — around 206,363 shares according to a November 2024 filing. Buffett has also pledged to donate most of his wealth to philanthropic causes, particularly the Bill & Melinda Gates Foundation.
Inside Warren Buffett’s Stock Portfolio
Warren Buffett oversees an equity portfolio worth approximately $267 billion as of late 2024, according to WhaleWisdom.com, which tracks 13F filings.
Here are some of the major stocks Buffett holds through Berkshire Hathaway:
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Apple
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American Express
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Bank of America
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Coca-Cola
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Chevron
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Occidental Petroleum
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Sirius XM
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VeriSign
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DaVita
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Amazon
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Japanese trading companies including Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo
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Constellation Brands
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Domino’s Pizza
Buffett is known for investing in companies with strong fundamentals and long-term potential. His focus on value investing has made Berkshire Hathaway one of the most admired firms globally.
Warren Buffett’s Properties and Lifestyle
Despite his vast fortune, Buffett has lived a modest life. He continues to reside in the same Omaha, Nebraska, house he bought in 1958 for $31,500. Today, the 6,570-square-foot home is valued at around $1.4 million, according to Business Insider.
Buffett also owns a vacation property in Laguna Beach, California, which he previously listed for sale. Even in his billionaire status, he often promotes frugal living and avoids unnecessary extravagance.
What’s Next for Berkshire Hathaway?
With Buffett stepping down, all eyes are now on Greg Abel, who is expected to take over as CEO. Shareholders and market watchers believe that Abel will continue Buffett’s legacy of long-term, value-driven investment strategy.
Warren Buffett’s retirement marks the end of an era in the world of finance. But his influence on global investing and philanthropy will remain timeless.
