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International Business Times UK
International Business Times UK
Business
Jim Manzon

Warren Buffett to Retire on December 31 — What It Means for Your 401(k)

Warren Buffett Berkshire Greg Abel
The 95-year-old Oracle of Omaha built Berkshire from a struggling textile firm into a trillion-dollar conglomerate. (PHOTO: Kilian Rannou/X)

Warren Buffett, the world's most celebrated investor, will step down as Berkshire Hathaway's chief executive officer on 31 December 2025, ending a 60-year tenure that transformed a failing textile company into a $1.08 trillion (£800B) empire.

For millions of retirement savers whose 401(k) plans hold Berkshire shares or index funds weighted toward the conglomerate, the question looms large: should you worry?

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