🚨The End of the Oracle: Buffett Steps Down — But Who’s the Man Taking the Throne?
After more than six decades of building one of the most iconic empires in financial history, Warren Buffett is preparing to step away. By the end of 2025, the legendary CEO of Berkshire Hathaway will officially pass the torch — closing a chapter that defined value investing for generations.
But this isn’t panic. This is precision. Succession was always part of the plan.
Enter Greg Abel — Canadian, reserved, off social media, allergic to hype. But don’t be fooled by the quiet demeanor. Abel has been Buffett’s shadow and strategic executor for years. Since 2018, he’s led Berkshire’s massive non-insurance operations, overseeing everything from railroads and utilities to retail and energy, generating over $371 billion in revenue in 2024 alone.
What makes Abel the chosen one? He’s not flashy — he’s faithful. Faithful to fundamentals, to the long game, and to the operational excellence that keeps Berkshire running like a fortress. Buffett has described him as a “doer, not a talker” — and in a world drowning in noise, that’s power.
Let’s break it down:
• $341B in cash — more than the GDP of many countries
• $263B in public equities, with $187B in unrealized gains
• $1.16 trillion in total assets
• Zero dividends since 1967 — every dollar reinvested or used for buybacks
• 19% stock growth in 2024, while the broader market stumbled
While other CEOs chased memes, Buffett stayed with math. And Abel? He’s not here to change the philosophy — he’s here to protect it in a new world of AI, green tech, and volatile geopolitics.
This isn’t just a leadership change — it’s the final chapter of a dynasty. Or maybe the first chapter of a new one.
AMAGE readers, your take:
Will Greg Abel quietly become the most powerful man on Wall Street — or is this where the Buffett legend ends… and something entirely new begins?