Saturday, June 21, 2025

Warren Buffett Resigns as CEO, Citing Age Concerns

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Warren Buffett is 94 years old. He surprised many people when he said he will step down as CEO of Berkshire Hathaway. He has been the CEO for 60 years. Warren said he is feeling old and has some health problems.

In an interview, he said, “I really didn’t feel old until I was about 90. But now I can feel it.”

Warren has some trouble with his balance. Sometimes, he forgets names. He also has a harder time reading newspapers.

Berkshire Hathaway was once a failing company. Now, it is worth nearly $1.2 trillion. Warren will hand over the CEO role to Greg Abel on January 1, 2026. Warren will still be the chairman.

Warren says he is still good at making investment choices. He can make decisions when others are afraid.


Vocabulary List:

  1. Surprised /sərˈpraɪzd/ (verb): Caught off guard or unexpectedly astonished.
  2. Health /hɛlθ/ (noun): The state of being free from illness or injury.
  3. Balance /ˈbæl.əns/ (noun): An even distribution of weight enabling someone or something to remain upright and steady.
  4. Investment /ɪnˈvɛst.mənt/ (noun): The action or process of investing money for profit.
  5. Decisions /dɪˈsɪʒ.ənz/ (noun): The act or process of making choices or reaching conclusions especially on important issues.
  6. Chairman /ˈtʃɛər.mən/ (noun): The person in charge of a meeting or organization.

How much do you know?

How old is Warren Buffett?
74 years old
86 years old
94 years old
102 years old
When did Warren Buffett announce he will step down as CEO of Berkshire Hathaway?
After he turned 80
After 30 years as CEO
After 60 years as CEO
After receiving a health award
Who will take over as CEO of Berkshire Hathaway in 2026?
Warren Buffett
David A. Grogen
Greg Abel
Charles Munger
What is the estimated worth of Berkshire Hathaway?
$500 million
$1 trillion
$1.2 trillion
$2.5 trillion
What role will Warren Buffett hold after stepping down as CEO?
Chairman
CFO
COO
CTO
What did Warren Buffett mention he is still good at?
Singing
Dancing
Making investment choices
Cooking
Warren Buffett is stepping down as CEO due to his young age.
Warren Buffett has been the CEO of Berkshire Hathaway for 50 years.
Warren Buffett will hand over the CEO role to Charles Munger.
Berkshire Hathaway was once a successful company.
Greg Abel will become the CEO of Berkshire Hathaway on January 1, 2026.
Warren Buffett mentioned that he can make decisions when others are not afraid.
Warren Buffett has been the CEO of Berkshire Hathaway for years.
Warren Buffett will still hold the position of after stepping down as CEO.
Berkshire Hathaway is worth nearly .
Warren Buffett will hand over the CEO role to Greg Abel on January 1, .
Warren Buffett mentioned that he really started feeling old at around years old.
At times, Warren Buffett has trouble with his balance.
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