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?

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 shareholder meeting, sparking a standing ovation.

Buffett will remain chairman and largest shareholder, ensuring ongoing influence.

As Berkshire enters a new era, all eyes are on Abel to uphold Buffett’s legacy and capital strategy in a volatile global market.

#WarrenBuffett #GregAbel #BerkshireHathaway #BuffettStepsDown #BerkshireNews #CEOTransition #BuffettLegacy #StockMarketNews #FinanceUpdate #InvestmentNews #CapitalAllocation #Buffett2025 #SuccessionPlan #BuffettToAbel #BerkshireEmpire #WallStreetWatch #BuffettEraEnds #BusinessLeadership #FinancialNews #ShareholderMeeting #MarketLeadership #AbelTakesOver #BuffettRetires #USStocks #InvestorNews #MoneyTalks #BuffettSuccessor #BerkshireCash #BusinessIcons #CorporateShift Also Read Who Is Greg Abel?

Successor Of Warren Buffett :: https://www.oneindia.com/international/who-is-greg-abel-successor-of-warren-buffett-4142861.html?ref=DMDesc Warren Buffett Donates $1.1B Berkshire Hathaway Stock, Vows To Give Away Fortune :: https://www.oneindia.com/international/warren-buffett-donates-1-1b-berkshire-hathaway-stock-vows-to-give-away-fortune-011-3999671.html?ref=DMDesc Buffett to End Gates Foundation Donations After Death, Children to Decide Estate's Future :: https://www.oneindia.com/international/warren-buffett-shifts-charitable-giving-plan-011-3865321.html?ref=DMDesc ~HT.318~