Buffett will remain chairman, but he aims to turn over investing oversight to Greg Abel, the company's vice chairman of ...

Other fund managers also hold major stakes in Berkshire Hathaway Class B shares. BlackRock owns nearly 111.6 million Class B ...

Abel has earned the respect of Berkshire's subsidiary managers, navigated acquisition markets and presented with calm command at several recent annual shareholder meetings. He has overseen billions in ...

Warren Buffett has announced his retirement. As he prepares to step down, his net worth is at $161 billion, up $19 billion.

Warren Buffett’s retirement as CEO overshadowed Berkshire Hathaway’s results. While wildfire losses hurt results, GEICO saw ...

Widely regarded as the best investor in history, Warren Buffett surprised everyone at Berkshire Hathaway’s 60th annual shareholder meeting by announcing ...

For Apple, the 35% reduction in the share count has boosted earnings by 54% over the past 10 years, all things being equal. For 10 years through Thursday, Apple's stock returned 590%, while the S&P ...

Warren Buffett carefully prepared for years to retire as Berkshire Hathaway CEO without causing waves, but he still made the ...

The 94-year-old investor is retiring as Berkshire Hathaway's CEO. He's built both a fortune and a reputation as "the nicest ...

Abel, 62, currently owns a nearly 10,000-square-foot residence in Salisbury Heights, one of the oldest and most expensive ...

Before he joined Berkshire Hathaway, Greg Abel led a geothermal company with plants in California. Oh, how times have changed ...

Warren Buffett is stepping down as chief executive officer of Berkshire Hathaway Inc., the company he built alongside his later partner Charlie Munger for the past six decades. The key example of that ...