Overview
- Buffett ends his CEO tenure on Dec. 31 and remains chairman, with Greg Abel assuming the chief executive role on Jan. 1, 2026.
- Abel has overseen Berkshire’s non‑insurance operations since 2018 and is widely seen as a disciplined, operations‑focused manager.
- Berkshire enters the transition at record scale, with Class A shares above $750,000 and a market value around $1.1 trillion.
- The company holds roughly $380 billion in cash and short‑term investments alongside large public equity stakes and more than 180 operating businesses, putting capital allocation in the spotlight.
- Buffett’s lifetime giving has exceeded about $61 billion, and his will directs 99.5% of remaining wealth to a charitable trust run by his children.