Warren Buffett Took Over Berkshire 61 Years Ago Today And This Investor Put A $485 Million Number On His Legacy: Can Greg Abel Spin A Similar Success?

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On Sunday, investor and market commentator Shay Boloor marked the 61st anniversary of Warren Buffett’s takeover of Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) by highlighting his remarkable career.

Buffett’s Berkshire Bet Is A Landmark

Boloor said that a $10,000 investment made on May 10, 1965, at roughly $15 per share is now worth an estimated $485 million.

This underscores the power of compounding returns and long-term investing.

Berkshire’s Transformation Underway

After serving Berkshire since 1965, Warren Buffett stepped down as CEO at the end of 2025. Greg Abel is the new CEO in 2026.

During the annual shareholder meeting in 2025, Buffett made clear that Abel’s value lies not in flashy leadership traits but in his ability to preserve the company’s …

Full story available on Benzinga.com

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