New Delhi, May 4 -- An arena full of over 40,000 shareholders erupted into a standing ovation for billionaire Warren Buffett at the 2025 Berkshire Hathaway annual meeting in Omaha on Saturday. Buffett, 94, announced that he would retire at the end of the year, ending a six-decade run leading Berkshire Hathaway.

Reflecting on his immense influence since 1965, the arena attendees stood in admiration for the "great" investor in recognition of his 60 years of leading the company.

During that period, Berkshire nearly doubled the returns of the S&P 500, with a 19.9% compounded annual growth rate compared with the index's 10.4% gain.

Sharing a clip of the astounding moment, an Indian Portfolio Manager, Gautam Baid, wrote: "A standing ovation ...