Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger. Greg Abel now oversees most of the company's investments and has been named as the successor to Buffett. Buffett personally owns 38.4% of the Class A voting shares of Berkshire Hathaway, representing a 15.1% overall economic interest in the company.
Warren Buffett has announced he’ll step down as CEO of Berkshire Hathaway by the end of 2025, naming Greg Abel as his successor...
Billionaire investor Warren Buffett to step down after 60 years of leading Berkshire Hathaway
The announcement after a..