Like his more famous friend, Warren Buffett, Walter Scott Jr. spent most of his life in his native Omaha, Neb., and made billions from a diverse range of mostly unglamorous businesses.
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Chair and CEO of Berkshire Hathaway and investor extraordinaire Warren Buffett has publicly named his successor should something have to happen to him
Buffett named Greg Abel, a Berkshire Hathaway vice chairman
While Buffett hasn t given an indication that he was relinquishing his time at the helm, analysts don t expect the 90-year-old to step down for at least five years
Replacing the irreplaceable Warren Buffett won’t be easy.
But that’s the path ahead for Greg Abel, a Berkshire Hathaway vice chairman who was publicly identified as the successor to America’s most renowned investor for the first time on Monday. Buffett said the 58-year-old executive will take over the $630 billion business when he steps down.
Edmonton-born Greg Abel tapped to succeed Warren Buffett at Berkshire Hathaway theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.