Warren Buffett celebrates 96th birthday

Investing legend Warren Buffett is celebrating his 96th birthday. Since his 95th birthday, the Berkshire Hathaway chairman has undergone a transformational year, including his retirement as CEO of the company at the end of December after six decades in the role.

Buffett has overseen the evolution of Berkshire Hathaway from a struggling textile mill into a company valued at approximately $1 trillion. He has also accelerated his charitable giving, intending to donate the vast majority of his wealth to good causes while leaving the distribution of his fortune to his children.

In recent reflections, Buffett has shared various life and investment lessons, emphasizing the importance of compounding over time, the distinction between price and value, and the necessity of avoiding debt. He has also advocated for finding work that provides personal fulfillment beyond financial compensation.