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Evening Standard
Evening Standard
Lifestyle
Claudia Cockerell

Warren Buffett is stepping down – but his advice is still timeless

Prize: the billionaire investor will eat a steak lunch with the bid winner -

In 2008, Warren Buffett became the richest man in the world. Now 94, he has just announced that he will be stepping down as CEO of Berkshire Hathaway, the multi-billion dollar US conglomerate he has headed up for over 50 years. It made early investments in companies like Apple, Coca-Cola, and American Express.

Buffett may have a net worth of around $168 billion, but he’s managed to stay grounded. He has an egg McMuffin for breakfast every day and has lived in the same house in Omaha, Nebraska for more than 65 years. As well as becoming one of the world’s sharpest investors, he has also become famous for the wit and wisdom he dispenses in his annual letter to Berkshire Hathaway’s shareholders.

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