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flag Warren Buffett retires as CEO of Berkshire Hathaway, passing the baton to Greg Abel.

flag Warren Buffett, known as the "Oracle of Omaha," is retiring from his role as CEO of Berkshire Hathaway after a long career. flag The company, now valued at over $1.2 trillion, has seen Buffett accumulate a personal fortune of $168.6 billion. flag As he steps down, Buffett's successor, Greg Abel, takes over with a $347.7 billion cash reserve, reflecting a cautious investment strategy amid economic uncertainties. flag Buffett's legacy includes exceptional investment success, philanthropic efforts, and a down-to-earth demeanor that earned him widespread admiration.

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