Warren Buffett Net Worth: The 94-year-old is set to finally retire by year's end

This year-end is going to mark the end of an era. Warren Buffett announced in Omaha Saturday that he would be stepping down as the chief executive officer of Berkshire Hathaway . The 94-year-old investor also declared that he would ask the board of Berkshire Hathaway to have Greg Abel replace him as CEO at year's end.

“Tomorrow, we’re having a board meeting of Berkshire, and we have 11 directors. Two of the directors, who are my children, Howie and Susie, know of what I’m going to talk about there. The rest of them, this will come as news to, but I think the time has arrived where Greg should become the chief executive officer of the company at year end,” said Buffett, in the final few minutes of the meeting.

Although Buffett is 94 and Abel was designated as CEO successor in 2021, it nonetheless came as a surprise to the thousands of admiring shareholders gathered for this year’s annual meeting to once again hear the investing legend opine on the future of the company.

Revered as one of the most famous and successful investors of all time, Warren Edward Buffett is an American investor and philanthropist who showcased an interest in business and investing at a young age. He was inspired by a book he borrowed from the Omaha public library, One Thousand Ways to Make $1000, at the age of merely seven. Much of Buffett's early childhood years were enlivened with entrepreneurial ventures.

Since 1970, when he was 40, Buffett has presided as the chairman and largest shareholder of Berkshire Hathaway, one of America's foremost holding companies and the world's leading corporate conglomerates. He has been referred to as the "Oracle" or "Sage" of Omaha by global media as a result of having accumulated a massive fortune derived from his business and investment success.

Buffett is slated to finally retire from Berkshire Hathaway after over half a century.

In these 54 years, the American investor has amassed a massive fortune and an equally stunning net worth. Let’s take a look at that.


Net worth of Warren Buffett:

According to Forbes, as of May 3, 2025, Buffett's estimated net worth stood at US$168.2 billion, making him the fifth-richest individual in the world.


Warren Buffett's net worth is estimated at $169 billion according to the Bloomberg Billionaires Index, and $168.2 billion by Forbes. His wealth increased by $16.4 billion in 2025, making him the only top 10 billionaire to gain money this year despite market challenges.


Source of wealth:

Most of his wealth comes from owning about 206,363 Class A shares of Berkshire Hathaway, based on a filing from November 2024. Buffett has committed to giving away most of his fortune, mainly to the Bill & Melinda Gates Foundation.

Even at age 94, Warren Buffett still makes smart financial moves. While many tech and finance billionaires lost money this year, Buffett sold his stocks in Apple and major banks at high prices, built a large cash reserve, invested in high-yield U.S. Treasuries, and decreased his investments in China-sensitive stocks.

Buffett actively manages his investments. He does not hold onto them forever but adapts to changing risks. His success in 2025 shows that discipline is better than hype, and having cash is important, especially during tough times. Sometimes the best strategy is to be patient and well-prepared, both of which Buffett excels at.

As chairman and CEO of Berkshire Hathaway, Warren Buffett manages a stock portfolio worth $267 billion as of late 2024, according to WhaleWisdom.com.


Here are some major stocks Buffett owns:

* Apple

* American Express

* Bank of America

* Coca-Cola

* Chevron

* Occidental Petroleum, Sirius XM, VeriSign

* DaVita

* Amazon

* Japanese Trading Companies (Itochu, Marubeni, Mitsubishi, Mitsui, Sumitomo)

* Constellation Brands, Domino’s Pizza


Assets and properties:

Warren Buffett has lived in the same house in Omaha, Nebraska, since 1958, which he bought for $31,500. This five-bedroom house is now valued at around $1.4 million, according to public records from Business Insider. He also owns a vacation home in Laguna Beach, California.