But in recent years Buffett observed just how much energy his appointed successor brought to each working day. And how his own days had slowed. The two men were operating at diffe

For Buffett, there's an extra layer of complexity because earnings get plowed back into Berkshire Hathaway ( BRK.A -1.59%) ( BRK.B -1.68%) and provide money for other parts of the business, increasing the total value of the company.

Despite hand-picking his successor in 2021, many had suspected Warren Buffett, 94, would continue running the conglomerate for the rest of his life.

Para comprender el éxito de Warren Buffett durante sus seis décadas al frente de Berkshire Hathaway Inc., basta con considerar lo siguiente: ni siquiera su fortuna de US$167.000 millones refleja toda su riqueza e influencia.

As investors were still processing the future of the world’s most valuable financial company without its 94-year-old architect, Ackman trumpeted his plan: to transform Howard Hughes Holdings, a smattering of US property assets assembled by the reclusive billionaire industrialist, into a “diversified holding company” in the mould of Berkshire.

Legendary investor Warren Buffett is a tough act to follow. But the “Oracle of Omaha” said his successor Greg Abel is ready for the challenge.

In a recent interview, Warren Buffett shared the deeply personal reasons behind his decision to step down as CEO of Berkshire Hathaway at age 94, citing the undeniable effects of aging and the need for a younger leadership.