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Buffett Follows ‘Avarice’ Warning by Keeping $100,000 Salary

Warren Buffett, chairman and CEO of Berkshire Hathaway.
Photographer: Lacy O'Toole/CNBC/NBCU Photo Bank via Getty Images

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By Doni Bloomfield and Noah Buhayar

March 13, 2015 at 9:07 PM UTC

Updated on

March 13, 2015 at 9:54 PM UTC

This article is for subscribers only.

Warren Buffett, the second-richest man in the U.S., has a message for the person who eventually replaces him as chief executive officer of Berkshire Hathaway Inc.: You’ll be plenty wealthy, so don’t complain about pay.

Buffett, 84, stuck with a $100,000 salary in 2014, as he has for decades, his Omaha, Nebraska-based company said in a regulatory filing Friday. On Feb. 28, in his annual letter, he said the next CEO needs to avoid being greedy.