Buffett Endorses Abel, Donates $1.3B
Update: 2025-11-10
Description
Warren Buffett, in his final public letter as Berkshire Hathaway CEO, endorses Greg Abel as his successor, expressing complete confidence in his abilities. Buffett also donates over $1.3 billion worth of Berkshire stock to family foundations, demonstrating his ongoing commitment to philanthropy. Despite stepping down as CEO, Buffett will remain as chairman, providing continuity and guidance to the company.
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