Buffett admitted he once had his own shortcomings in empowering women. At the White House's first United States of Women Summit in 2016, Buffett confessed that he only thought to put a woman on the Berkshire Hathaway board in 2003 — nearly 40 years after taking over the company — by the suggestion of his wife Susie.

For the first time since 1953, Americans no longer prefer a male boss over a female boss, according to recent Gallup poll findings. Over the last 64 years, Gallup has asked Americans, "If you were taking a new job and had your choice of a boss, would you prefer to work for a man or a woman?" In the most recent survey conducted at the beginning of November, 55 percent of Americans say their boss' gender make no difference to them. This percentage is up from the last survey in 2014.