Businessman Greg Abel will change the place of Warren Buffe as the General Manager of Berkshire Hathaway Investment Holding. The Board of Directors unanimously voted for his candidacy. Reuters.
Abel will replace the founder of the fund and legendary Buffett investor as of January 1, 2026.
The decision was given on Monday (May 5th) and there was no surprise for the buffet. Before that, the billionaire has planned to abandon his position as General Manager by the end of the year, and his successor called Abel, who worked as the Vice Chairman of the Board of Directors for non -insured operations.
The 94 -year -old Buffe himself will remain as the president of Berkshire Hathaway. According to Forbes, he’s one of the richest people in the world. Status as of May 5, 2025 Assessed 159.6 billion dollars.
Forbes in 2024 He called him The richest heir in the world. According to the publication, the empire was the 66 -year -old Indian businessman Mukesh Ambani, including oil and gas, telecommunication industries and retail trade. The entrepreneur’s situation is estimated to be $ 116 billion.
Mukash and his brother Anil inherited his father in 2002. However, the brother then overthrew the richest varicose veins in the world from the grading of the bankruptcy of his companies.
Donald Trump before Output One of the 500 richest people in the world.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.