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Billionaire investor Warren Buffett, 94, announced that he would step away from Berkshire Hathaway by 2025-end and named designated-successor Greg Abel, 62, as the next CEO of the $1 trillion company.

He has tasked CEO-in-waiting Greg Abel with running most of the companies the sprawling conglomerate owns. He named Abel a vice chairman, worked with him on recent investments in Japan and shared ...

“The decision to keep every share is an economic decision because I think the prospects of Berkshire will be better under Greg’s management than mine,” Buffett told shareholders on Saturday ...

Now he finds himself at the top of the food chain in the investment world. Read: Warren Buffett To Step Down, Greg Abel To Be New Berkshire Hathaway CEO Berkshire confirmed Abel as Buffett's ...

Greg Abel, the vice chairman of Berkshire Hathaway, was tapped in 2021 to eventually succeed CEO Warren Buffett. In this 2024 video, the WSJ’s Karen Langley outlines why shareholders have been ...

The 94-year-old legendary investor also said he will recommend to his board that Greg Abel should become CEO. Buffett said at his annual shareholders gathering, often called "Woodstock for ...

Gov. Greg Abbott has signed the $1 billion controversial school choice bill into law, allowing for taxpayer money to be used to help qualifying students pay for private school tuition.

Warren Buffett is stepping down as Berkshire Hathaway's CEO by the end of 2025, with Greg Abel, a Canadian executive, appointed as his successor. Abel, currently overseeing Berkshire's non ...

The 94-year-old billionaire investor said he will recommend Greg Abel, currently Vice Chairman, as his successor to lead the $865 billion conglomerate. The announcement came at the conclusion of a ...

Less surprising is who he said he intended to succeed him as the leader of the $1.1 trillion conglomerate he built: Gregory E. Abel, his yearslong heir apparent. Since 2018, Mr. Abel, 62 ...

Berkshire Hathaway's board has officially named Greg Abel as the next CEO, succeeding Warren Buffett by the end of 2026. Abel, currently vice-chairman overseeing non-insurance operations ...