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Berkshire investors anticipate new era as Buffett hands over baton

Upworthy Sunday, 4 May 2025 ()
OMAHA, Nebraska, May 4 (Reuters) - Berkshire Hathaway (BRKa.N), opens new tab shareholders mourning the departure of legendary investor Warren Buffett anticipate the conglomerate he built over 60 years will retain its long-term focus and culture but worry about the loss of Buffett's vision and…
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News video: Buffett Steps Down: What Happens to Berkshire’s $348 Billion Empire Now? | | Who’s the New CEO?

Buffett Steps Down: What Happens to Berkshire’s $348 Billion Empire Now? | | Who’s the New CEO? 03:08

Warren Buffett has announced he’ll step down as CEO of Berkshire Hathaway by the end of 2025, naming Greg Abel as his successor. Abel, a 30-year veteran of the firm, will inherit control of Berkshire’s $348 billion cash reserves and $1.16 trillion empire. The news broke during the annual...

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