Investment guru and Berkshire Hathaway’s Co-founder, Chairman and CEO, Warren Buffett, 94, has named his successor — middle child Howard, aka Howie Buffett, 70, to a non-executive role in the company. We take a look at who Howie is, why he was chosen and the top things you need to know about him.
Warren Buffett has reportedly been “planning for decades” for the handover — what happens with his company and his billions once he has passed away.
Howie will take over as non-executive chairman of the $1 trillion worth Berkshire Hathaway from Buffett, according to a report by the Wall Street Journal (WSJ).
What About CEO Role?
Also on the Berkshire board is Warren Buffett’s daughter Susie Buffett, 71, who has occupied the seat since 2021. While home grown executive Greg Abel will take over the role of CEO.
His three children — Susie, Howard and Peter (66), will not be inheriting most…