2007: (76 Years old) Buffett looking for a younger successor or perhaps successors to run his investment business.

In a letter to shareholders, Buffett announced that he was looking for a younger successor or perhaps successors to run his investment business.Buffett had previously selected Lou Simpson, who runs investments at Geico, to fill that role. However, Simpson is only six years younger than Buffett.

2006: (75 years old) give away more than 80%, or about $37 billion, of his $44 billion fortune to five foundations.

Buffett announced in June that he would give away more than 80%, or about $37 billion, of his $44 billion fortune to five foundations in annual gifts of stock, starting in July 2006. The largest contribution will go to the Bill and Melinda Gates Foundation.