Investor Warren Buffett names Berkshire Hathaway successor – BBC News
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image captionWarren Buffett is 90
Investor Warren Buffett has confirmed that Berkshire Hathaway’s vice-chairman, Greg Abel, will succeed him as chief executive.
Mr Buffett built Berkshire Hathaway from a failing textile maker into a $628bn (£452bn) investment juggernaut.
Although he is 90 years old, Mr Buffett has given no indication he plans to step down.
However, there has been speculation for more than a decade about who will succeed him.
“The directors are in agreement…