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This story is from February 22, 2020
Berkshire Hathaway 100% ready for Warren Buffett departure, he says
Warren Buffett, Chairman and CEO of Berkshire Hathaway. (AP file photo)
WASHINGTON: Octogenarian billionaire Warren Buffett said Saturday that his Berkshire Hathaway empire, with holdings in major American financial firms, is ready for his departure as well as that of his longtime partner Charlie Munger, aged 96.
"Berkshire shareholders need not worry: Your company is 100 percent prepared for our departure," Buffett, 89, said in his annual letter to shareholders.
"Berkshire shareholders need not worry: Your company is 100 percent prepared for our departure," Buffett, 89, said in his annual letter to shareholders.
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