Overview
- Buffett steps down on Dec. 31, 2025, with vice chairman Greg Abel set to become CEO on Jan. 1, 2026.
- Buffett will stay on as chairman and has said the final word on operations, capital deployment and acquisitions will be Abel’s.
- Berkshire holds roughly $380 billion in cash and short-term investments, owns more than 180 operating businesses and maintains a large public‑equity portfolio.
- Class A shares recently traded above $750,000, placing Berkshire’s market value near $1.1 trillion after multi‑million‑percent gains since 1965.
- Buffett’s lifetime donations have surpassed $61 billion, and his will directs 99.5% of his remaining wealth to a charitable trust managed by his children.