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Legendary investor Warren Buffett and his Berkshire Hathaway conglomerate suffered a rare setback Monday following the 94-year-old’s announcement he would step aside as Berkshire’s CEO at the end of this year, which caused Berkshire’s share price to sink and Buffett’s net worth to shrink.

READ MORE: https://www.forbes.com/sites/dereksaul/2025/05/05/berkshire-hathaway-stock-slides-on-buffetts-retirement-his-net-worth-falls-nearly-10-billion/

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