Buffett Steps Down as CEO of Berkshire Hathaway, Abel Takes Over
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Leadership Transition: Warren Buffett officially stepped down as CEO on December 31, 2025, with Greg Abel taking over on January 1, 2026, ensuring a smooth leadership transition that bolsters long-term investor confidence.
- Continued Influence: Despite stepping down, Buffett remains Chairman of the Board and plans to visit the office daily to focus on capital allocation decisions, ensuring continuity in the company's strategic direction.
- Historic Achievements: Under Buffett's leadership, Berkshire Hathaway's stock value increased by over 5.5 million percent since 1965, making it one of the most valuable companies globally, with Abel inheriting a market cap exceeding $1 trillion and a cash position of approximately $382 billion, providing substantial investment flexibility.
- Philanthropic Commitment: Buffett intends to donate the majority of his roughly $150 billion fortune to family-run charitable foundations, reflecting his long-standing commitment to philanthropy while marking a significant shift in his personal legacy.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
