Urgent 🔴⚠️🔥

Warren Buffett has officially announced his retirement and named his successor at "Berkshire Hathaway." In a historic surprise, the 94-year-old investment legend revealed at the annual meeting that he will step down as CEO by the end of this year, with Greg Abel set to take over. Buffett, who has led the company for 60 years, confirmed he will stay nearby to offer support, but the final decisions will be in Abel’s hands.

Key details:

Timing: End of 2025

Successor: Greg Abel, long considered the rightful heir

Buffett’s promise: He will not sell any of his shares, ensuring the company will thrive under Abel’s leadership

Who is Greg Abel?

62 years old, head of Berkshire’s energy sector since 2018

Known for his conservative approach like Buffett but more open to technology

His biggest challenge: Filling the immense shoes left by Buffett

Buffett’s controversial words:

> “Berkshire will be better under Greg’s leadership… These are not just words, they are an economic conviction.”

What’s next?

The next board meeting for official approval of Abel's appointment

Expect Abel’s first strategic plans for the company

Will 2026 bring major shifts in "Berkshire’s" policies?

#BerkshireHathaway #WarrenBuffett #GregAbel #LeadershipChange