Conglomerate votes in favour of vice-chair Greg Abel’s promotion to top job next year
Handpicked successor inherits record cash pile — but will be scrutinised more than ‘Oracle of Omaha’
Berkshire shareholders witnessed the end of an era at the legendary investor’s annual meeting
‘Oracle of Omaha’ announces plans to retire from his sprawling conglomerate at historic annual meeting
Plus, Hollywood heavyweights back Skydance’s Paramount bid and boutique banks make a killing on distressed deals
First Omaha event since Charlie Munger’s death delves into questions of mortality and succession
Canadian executive will face a daunting challenge stepping into the shoes of the celebrated business leader
Berkshire Hathaway ‘will not knowingly throw good money after bad’, billionaire says as damages pile up
Greg Abel is becoming better known to the conglomerate’s followers and hands-on with its operations
First in-person gathering since start of pandemic offers reminder that conglomerate remains the Warren show
Greg Abel has done a lot of Berkshire Hathaway’s big deals but is he a second Sage of Omaha?
Plus: a look at what’s really in it for Spac investors, and Apollo’s vision to turn Yahoo into a sports betting winner
Company’s 58-year-old vice-chair will eventually become CEO
Billionaire investor admits surprise at economic rebound as group reports $12bn quarterly profit
Those looking for clues on how Oracle of Omaha’s likely successor might one day run things were left wanting
Welcome to Due Diligence, the FT’s daily deals briefing
Spotlight on Abel and Jain as investors question conglomerate’s shifting strategy
The legendary investor on luck, expectations and finding value in an overheated market
Swings in portfolio value overshadow improvements in underlying businesses
Abel and Jain join board as conglomerate looks to next generation
