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Warren Buffett's biographer says he's 'literally not replaceable' as Berkshire Hathaway enters a new era

Upworthy Sunday, 4 May 2025 ()
Warren Buffett announced his plan to step down as CEO of Berkshire Hathaway. Getty Images / Michael Buckner Berkshire Hathaway CEO Warren Buffett announced Saturday he plans to resign at the end of the year. The iconic investor built Berkshire into a trillion-dollar empire over the last 55 years…
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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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