Warren Buffett, who transformed Berkshire Hathaway into a trillion-dollar investment powerhouse, has officially passed the leadership baton to Greg Abel, his longtime and trusted lieutenant. Abel, currently Vice Chairman of Berkshire’s non-insurance businesses and CEO of Berkshire Hathaway Energy, now takes the helm of one of the world’s most valuable and closely watched companies.
Buffett’s six-decade legacy, delivering astonishing returns of over 6.1 million percent since 1965, sets a high benchmark. Investors will now be keenly watching how Abel navigates the conglomerate’s next chapter while maintaining the philosophy that made Berkshire a global investment giant.
