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Berkshire rejects shareholder call to replace Warren Buffett as chairman
The company, run by Buffett since 1965, also said the 91-year-old received US$373,204 in compensation for 2021, down from US$380,328 a year earlier, comprising his usual US$100,000 salary plus personal and home security.
Though Buffett's salary is low for a chief executive officer (CEO) of a major company, his 16.2 per cent Berkshire stake comprises most of his US$117.9 billion net worth, which Forbes magazine said makes him the world's fifth-richest person.
