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Berkshire Hathaway announces leadership changes as Warren Buffett prepares to step down
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🚨Warren Buffett Hands CEO Role to Greg Abel After 60 Years at Berkshire Buffett took control of Berkshire Hathaway in 1965 when shares were $19 and built it into a conglomerate covering insurance, railroads, energy, and brands like Dairy Queen. His strategy delivered 19.9% annual returns through 2024, turning $100 into $5.5 million-far outpacing the S&P 500. Abel, 63, who managed non-insurance operations, steps in with Buffett staying as chairman; the company holds $380 billion in cash amid hig
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