Warren Buffett, the legendary investor, celebrates his 95th birthday, marking his last as CEO of Berkshire Hathaway after 55 years at the helm. Buffett transformed a failing textile mill into a $1 trillion conglomerate. He made billions investing in companies like Coca-Cola and acquiring businesses like Geico.

Born during the Great Depression, Buffett started his business career at a young age, buying his first stock at 11. He built up his wealth through smart investments and business ventures. Buffett majored in business and learned valuable lessons in value investing from Benjamin Graham.

Buffett made significant acquisitions like Berkshire Hathaway in 1962 and American Express during the Salad Oil Scandal. He grew his wealth through strategic investments and partnerships, including acquiring insurers like National Indemnity. Buffett’s net worth grew to around $34 million by age 45.

Berkshire Hathaway made notable investments in companies like Geico, Capital Cities/ABC, and Wesco Financial. Buffett became a billionaire in 1985 and continued to expand his portfolio. He made philanthropy a priority and pledged a large portion of his Berkshire stock to charitable foundations.

Buffett’s leadership led Berkshire Hathaway to acquire companies like Precision Castparts and Apple. Despite challenges like the COVID-19 pandemic, Buffett continued to make strategic investments and acquisitions. Berkshire Hathaway’s market cap exceeded $1 trillion in 2024, showcasing Buffett’s successful legacy.

Warren Buffett announced his retirement as CEO of Berkshire Hathaway, naming Greg Abel as his successor. Under Buffett’s leadership, Berkshire Hathaway achieved significant growth and success, with shares gaining over 5,500,000% between 1964 and 2024. Buffett’s impact on the business world is undeniable.

Read more at Yahoo Finance: Warren Buffett is 95. Here’s a look at the legendary investor’s remarkable life as he prepares to step down as CEO.