{"id":5459,"date":"2025-05-06T00:11:38","date_gmt":"2025-05-06T00:11:38","guid":{"rendered":"https:\/\/nationalgunowner.org\/index.php\/2025\/05\/06\/7-ceos-sing-warren-buffetts-praises-after-his-retirement-announcement\/"},"modified":"2025-05-06T00:11:42","modified_gmt":"2025-05-06T00:11:42","slug":"7-ceos-sing-warren-buffetts-praises-after-his-retirement-announcement","status":"publish","type":"post","link":"https:\/\/nationalgunowner.org\/index.php\/2025\/05\/06\/7-ceos-sing-warren-buffetts-praises-after-his-retirement-announcement\/","title":{"rendered":"7 CEOs Sing Warren Buffett\u2019s Praises After His Retirement Announcement"},"content":{"rendered":"
\n
Warren Buffett\u2019s 60-year reign of Berkshire Hathaway is coming to an end. Photo by Daniel Zuchnik\/WireImage<\/span><\/figcaption><\/figure>\n

In an arena in Omaha, Neb., thousands of shareholders attending Berkshire Hathaway<\/a>\u2019s annual meeting rose to their feet and showered Warren Buffett<\/a> in applause after the famed investor announced that he will retire at the end of this year. \u201cThe enthusiasm shown by that response could be interpreted in two ways,\u201d joked Buffett, 94, after receiving the standing ovation.<\/p>\n

\n<\/section>\n

In the hours and days following his announcement, there was an outpouring of tributes from Buffett\u2019s peers and business leaders. Apple<\/a>\u2019s Tim Cook<\/a> described his relationship with Buffett as a \u201cgreat privilege,\u201d while Bill Gates<\/a>, a longtime friend of the Berkshire chief, dubbed him the most successful investor in history.<\/p>\n

Buffett\u2019s retirement will mark the end of a very, very lucrative era for Berkshire, which he has led for 60 years and grown into a $1.2 trillion conglomerate. His successor, Greg Abel<\/a>, will take over at the end of the year, while Buffett will remain as chairman. Still, as leaders across tech and finance have emphasized, Buffett\u2019s legacy as the \u201cOracle of Omaha\u201d is far from fading.<\/p>\n

Here\u2019s a look at what some of the world\u2019s most prominent business figures had to say about Buffett\u2019s announcement:<\/p>\n

Bill Gates<\/h3>\n

Bill Gates and Buffett have a longstanding friendship that harkens back to the 1990s. \u201cWarren is one of the greatest CEOs ever, and he\u2019s hands-down the most successful investor of all time,\u201d said Gates in a statement that praised Buffett\u2019s \u201cwisdom, integrity, and a phenomenal sense of humor.\u201d<\/p>\n

Gates and Buffetts are both renowned philanthropists, with Buffett having given billions to the Bill and Melinda Gates Foundation<\/a> over the years. They also helped establish the Giving Pledge, a campaign that encourages the ultra-wealthy to donate much of their net worth to charity. \u201cWhen he decided to give his wealth back to society, he set as an example as a philanthropist too,\u201d said Gates of Buffett. \u201cHis legacy will inspire generations to come.\u201d<\/p>\n

Tim Cook<\/h3>\n

One of Berkshire\u2019s largest holdings is Apple. Buffett sang its CEO Tim Cook praises during Berkshire\u2019s recent shareholder meeting, claiming that the Apple chief \u201chas made Berkshire a lot more money than I\u2019ve ever made Berkshire Hathaway.\u201d<\/p>\n

After Buffett announced his plans to retire, Cook returned the favor. \u201cThere\u2019s never been someone like Warren<\/a>, and countless people, myself included, have been inspired by his wisdom. It\u2019s been one of the great privileges of my life to know him, \u201d said the Apple CEO in a May 3 post on X.<\/p>\n

Mark Cuban<\/h3>\n

Billionaire investor Mark Cuban<\/a> called Buffett \u201ca legend and my investing hero\u201d in an emailed statement to Observer. Over the years, the duo were frequently spotted eating ice cream and chicken sandwiches at Dairy Queen<\/a>, the fast food chain owned by Berkshire. \u201cOur trips to Dairy Queen to discuss everything but stocks were incredible,\u201d added Cuban, who also reposted a video on X of Buffett\u2019s standing ovation<\/a> over the weekend.<\/p>\n

Jamie Dimon<\/h3>\n

JPMorgan Chase<\/a> CEO Jamie Dimon<\/a> has formerly cited Buffett as an inspiration across both investing and policy recommendations<\/a>. \u201cWarren Buffett represents everything that is good about American capitalism and America itself\u2014investing in the growth of our nation and its businesses with integrity, optimism and common sense,\u201d said Dimon in a statement. \u201cI\u2019ve learned so much from him to this very day, and I\u2019m honored to call him a friend.\u201d<\/p>\n

Brian Moynihan<\/h3>\n

According to Bank of America CEO Brian Moynihan, it isn\u2019t just Buffett\u2019s investing know-how that should be praised, but his vast charitable contributions and sage advice. \u201cBeyond his business success, his unprecedented philanthropic giving continues to be an example to follow,\u201d said Moynihan in a statement.<\/p>\n

\u201cHis life lessons delivered to young and old are as valuable as his business acumen. I have personally learned so much from him and look forward to continuing to benefit from his insights,\u201d added the banking executive.<\/p>\n

Bill Ackman<\/h3>\n

Bill Ackman<\/a>, the hedge fund manager behind Pershing Square<\/a> Capital Management, is such a fan of Buffett\u2019s that he\u2019s currently attempting to replicate the investor\u2019s success<\/a>\u00a0with a real estate firm called Howard Hughes Holding.<\/p>\n

\u201cBuffett has been very thoughtful about everything in his life and, in particular, Berkshire<\/a>,\u201d Ackman told CNBC in an interview published today (May 5), adding that the investor\u2019s ability to build a unique, culture-driven conglomerate is something that will outlast his leadership. \u201cI think you\u2019ve got a principle-based company that\u2019s going to stay a principle-based company going forward,\u201d he said.<\/p>\n

Howard Marks<\/h3>\n

Measuring up to Warren Buffett is \u201cimpossible,\u201d according to Howard Marks<\/a>, co-founder of Oaktree Capital Management. \u201cHe is the single most influential investor of all time\u2014the Isaac Newton of investing,\u201d said Marks in a statement.<\/p>\n

Marks noted that, while Buffett is modest about his accomplishments, his success is unparalleled. \u201cHe says when he started in the early 1950s, he was able to buy dollars for 50 cents\u2014and he makes it sound easy,\u201d said Marks. \u201cBut the thing is, even if the opportunities were there, nobody else did it. There weren\u2019t multiple Warren Buffetts.\u201d<\/p>\n

\t\t\t\t\"Business<\/p><\/div>\n