Buffett Speeds Up Estate Giving, Names Abel as CEO
Update: 2025-11-10
Description
Warren Buffett expedites plans to donate his $149 billion fortune to childrens foundations, ensuring his entire estate is distributed before new trustees take over. He remains confident in Greg Abel, his successor as Berkshires CEO, and believes shareholders will soon feel the same comfort with Abel as he and Charlie Munger did. Buffett, who is 95, continues to work five days a week and reaffirms Berkshires strength and resilience.
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