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Warren Buffett Hands Over Berkshire Hathaway Presidency to His Son Howard

The 96-year-old investor is transferring control of his empire, valued at more than $1 trillion, to his son.

· 1 min read · language: en
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Le Monde — Une

Warren Buffett, nicknamed "the Oracle of Omaha," has announced that he will hand over the presidency of Berkshire Hathaway's board of directors to his son Howard Buffett. The tycoon has led this conglomerate for sixty years.

This succession comes as Buffett reaches the age of 96. Howard Buffett will take the helm of one of the world's largest investment conglomerates, valued at more than one trillion dollars.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

Also available in: ARFR

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