Here is how business leaders such as Bill Gates and Mark Cuban interact with Warren Buffett move

• Warren Buffett announced that he was stepped as an executive of the Hathaway Berkshire at the end of the year.

• He recommended that he was succeeded by Greg Abil, the company’s vice president.

• A greeting was flowing from business leaders such as Bill Gates, Mark Cuba and Tim Cook.

Warren Buffett He said he would step down from the CEO of Berkshire Hathaway after 55 years, which led to a greeting from investors and business leaders.

Buffett, 94, announced on Saturday during the company’s annual shareholders meeting in Omaha, Nebraska. Grabbed Pavite two permanent hateRecognizing his career as the tallest CEO of S& P 500.

He said that he intends to step down at the end of 2025 and recommended the Board of Directors to do so Greg AbelNow, a vice president of the company, assumed the position of CEO.

Pavite has been permanently powerful as an investor and businessman since Berkshire Hathaway purchased in 1965, then New England’s Watchman, and converted into trillion dollars in multiple industries.

After Buffett’s announcement, business leaders from all over the world shared a greeting.

In a statement of Business Insider, the founder of Microsoft Bill Gates Buffett described as “one of the greatest executives ever” and “Hands-Down the most successful investor in all times.”

Buffett and Gates have been friends for 30 years, as they met in the nineties. They have worked together on charitable efforts for decades Calm their friendship In recent years.

“He built an unusual company in Berkshire Hathaway, and he did so wisely, integrity, and a tremendous feeling of humor. But Warren was not satisfied with putting an example as a businessman. When he decided to return his wealth to society, he was an example that they were charitable, he would be guided.

Apple Buffett CEO at X Publishing on Saturday praised.

“There was no person like Warren,” Cook wrote. “It was one of the great privileges in my life to know him. There is no doubt that Warren is leaving Berkshire in their great hands with Greg.”

Damon, CEO of JPMorgan Chase and Wall Street, praised Pavit in a letter after the great investor announced.

“Warren Buffett represents everything that is good in American capitalism and America itself – investing in the growth of our nation and its companies with integrity, optimism and proper sense.” “I learned a lot from it to this particular day, and I am honored to call him a friend.”

Busider Insider, President of Bank of America, told Busider that Buffett “has achieved unparalleled success over a seven -decree march.”

The Bank of America was one of the largest Berkshire Hathaway’s possession before it started selling the shares last year.

“Besides his success at work, unprecedented charitable giving is still an example to be followed,” Mounehan said to BI via e -mail. “The lessons of his life that are delivered to young and old with value like his acumen. I personally learned a lot and I look forward to continuing to take advantage of his visions. He was a tremendous supporter and investor in Bank of America, our nation’s economy and the innovative spirit of the United States.”

I told Billionaire Investor and the founder of Pimco Bill Gross Business Insider that Buffett’s vision is distinguished from other investors.

“His vision was not limited to an optimistic vision for the future,” Gross told Bi. “Through his insurance shares, through its permitted structure to invest insurance premiums at a cost of zero to the origins of higher return such as coke, Amex and Apple, he created a spread that led over time to billions and recognition not only as a leader of shares but is a. Financial structural processor“

Gross also congratulated Pavit and called the first time his company Berkshire was one of its first loans in the mid -seventies.

“I did not know anything about insurance and candy stores, but it was sold by his long -term vision of the economy and markets,” Gross wrote. “Congratulations, my friend – not only on the numbers – but on charitable works and years. The presence of a cherry for you was special in my career.”

Cuban told Business Insider in an email that Buffett was his “investment hero” and shared a photo of him with the legend of investment in the Queen of Dairy in Omaha.

“We used to go to DQ in Omaha,” Kobe wrote. “It was a highlight of my year.”

After this announcement, Cuban also re -posted it on X video showing Pavite receiving an existing applause during the annual Berkshire Hathaway meeting.

Hakaman, founder of Tolou Capital Management, shared a video on Buffett X with a great applause from the crowd at the annual meeting of Hathaway.

Hakaman wrote: “The curtain of an invitation to the captain.”

Olson, a member of the Berkshire Hathaway Board of Directors, told CNBC that Buffett “lived a life full of surprises. It was only a very few exciting decisions.

Olson also believes that Abel is “ready” for this role.

“I have no doubt about it. We have known it for a long time.”

The Congress member of Arkansas told the Republican Party and former businessman CNBC that Buffett, April and Perkashire Hathaway “have done a great job over the past decade to prepare shareholders for this day.”

Hill added that he admired Pavite since his university studies.

“When I went out of the government in 1993, I returned to the private sector in investment management, Warren Buffett was a role model – a man I did not meet personally, but I liked all these years,” the director told the director.

He told the Chairman and CEO of America Express Business Insider by e -mail that Buffett “had one of the most expensive professions in the history of American business.”

Sukri added that “the Buffett’s vision and the deep sense of responsibility towards the shareholders are unparalleled, and his humility and humor have rare qualities in a leader who made work with Warren joy.”

He added that the American Express, in which Berkshire Hathaway has a minority share, is looking forward to “continuing to work with Greg and builds on the legacy of Warren.”

The CEO of the Baupost Group Enderde Fund told BI that Bavite runs the “investment marathon” for decades and is distinguished in all circumstances.

“But it is more than just an investor – he is a business and visual leader, a teacher, a role model, and a good.

The co -chair of Oaktree Capital Management BI told an email that it is “impossible” that anyone retract Buffett.

Marx said: “He is the most influential investor ever – Isaac Newton Investment,” Marx said.

Marx added: “He says when he started in the early fifties of the last century, he was able to buy dollars for 50 cents – and makes it look easy,” Marx added. “But the thing is, even if the opportunities are there, no one else did. There were not many Buffett Warren.”

Jim Kramer, the CNBC “MAD Money” show, called Buffett “Goat” at X Publishing on Sunday.

Karair wrote: “In the Get Buffett and congratulate it on the greatest round of all ages.”

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