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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.
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“The directors are in agreement that if something were to happen to
This story is from The BBC News. To read the full story, please go to https://www.bbc.co.uk/news/business-56976063.