Living investing legend Warren Buffett will formally ease into retirement at the end of the year when he steps down as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B).

His legacy will continue through the conglomerate he has led for six decades and turned into a wealth-building force of nature. The stock price has compounded at an annualized rate of 19.9% from 1965 to 2024, giving it a total return exceeding 5,500,000%. That would have turned an initial investment of just $100 back in 1965 into $5.5 million, so it's safe to say that Berkshire has been a millionaire-maker stock.

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Source Fool.com