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Buffett’s Coca-Cola Bet Keeps Winning — His Successor Just Got a $5 Billion Boost
Warren Buffett
Warren Edward Buffett
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Who is this?
Warren Edward Buffett ( BUFF-it; born August 30, 1930) is an American investor and philanthropist who is the chairman and former CEO of the conglomerate Berkshire Hathaway. As a result of his success, Buffett is one of the best-known investors in the world. According to Forbes, as of January 2026, Buffett's estimated net worth stood at US$148.9 billion, making him the ninth-richest person in the world. Buffett was born in Omaha, Nebraska. The son of U.S. congressman and businessman Howard Buffett, he developed an interest in business and investing during his youth. He entered the Wharton School of the University of Pennsylvania in 1947 before graduating from the University of Nebraska in Lincoln at 20. He went on to graduate from Columbia Business School, where he molded his investment approach around the concept of value investing pioneered by Benjamin Graham. He attended New York Institute of Finance to focus on his economics background and soon pursued a business career. He then began several business ventures and investment partnerships, including one with Graham. He created Buffett Partnership Ltd. in 1956 and his investment firm eventually acquired textile manufacturer Berkshire Hathaway, applying its name to a diversified holding company. Buffett emerged as the company's chairman and majority shareholder in 1970. In 1978, fellow investor and long-time business associate Charlie Munger joined Buffett as vice-chairman. From 1970 to 2026, Buffett presided as the chairman and largest shareholder of Berkshire Hathaway, one of America's foremost holding companies and world's leading corporate conglomerates. He has been referred to as the "Oracle" or "Sage" of Omaha by global media as a result of having accumulated a massive fortune derived from his business and investment success. Buffett adheres to the principles of value investing and frugality despite his wealth. Buffett has pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation. He founded The Giving Pledge in 2010, with Bill Gates and Melinda French Gates, whereby billionaires pledge to give away at least half of their fortunes. At Berkshire Hathaway's investor conference on May 3, 2025, Buffett requested that the board appoint Greg Abel to succeed him as the company's chief executive officer by the year's end while he remained chairman.
Career
- 1930Birth
What happened recently
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Prediction: Under Greg Abel, Berkshire Hathaway Will Hold This Warren Buffett Stock for Decades for This Remarkably Simple Reason
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UnitedHealth Stock Has Rallied Big Since Berkshire Bailed. Did Warren Buffett and Greg Abel Blink Too Soon?
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Warren Buffett Just Shared a 10-Word Warning With Investors. Here's What History Says Happens Next.
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Warren Buffett and Greg Abel Have Been Loading Up on This Top Artificial Intelligence (AI) Stock That's Trading at a Bargain
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Meet the Dividend Growth Stock That Warren Buffett Held for Decades, and Greg Abel Pegged as One of Berkshire Hathaway's Multidecade Compounders
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Greg Abel completes first deal as Berkshire CEO, making his mark as Warren Buffett's successor
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Is the Stock Market in a Bubble? Here's What Warren Buffett's Own Indicator -- and His Cash Pile
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Warren Buffett's "Playing With Fire" Warning Is Back: Here's What History Says Happens Next for Stocks, and What Investors Can Do About It
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Berkshire Hathaway Holds a $28 Billion Stake in Alphabet, and Warren Buffett Says He Initiated It
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Warren Buffett Reflects on Bill Gates' Epstein Ties, Says 'I've Made Mistakes' Choosing People
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Warren Buffett calls Bill Gates' actions with Epstein 'distasteful' but says people make mistakes
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Warren Buffett on the market today: 'It's tough to find values when everybody is preferring gambling'
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Buffett omits gift to Bill Gates’ foundation after Microsoft cofounder’s Epstein ties disclosed
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Warren Buffett Says This One Skill Will Multiply Your Success. In the AI Age, It's More Valuable Than Ever
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Buffett Called Airline Stocks a ‘Bottomless Pit’ But His Successor Is Proving Him Wrong With $789 Million Delta Win
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‘An Absolute Casino.’ The $500 Billion Leveraged ETF Craze Proving Buffett Right - 24/7 Wall St.
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Warren Buffett's Successor, Greg Abel, Cashed Out on UnitedHealth. But Is the Stock a Steal at Its Current Valuation?
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This Looks Like the Perfect Stock for Warren Buffett and Greg Abel to Buy Right Now
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Warren Buffett’s Investment Wisdom: Recognizing and Avoiding Classic Investor Mistakes
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Warren Buffett Is Piling Up Cash as the Stock Market Wobbles. Here's What That Tells Investors.
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Warren Buffett Has Backed This Investment for Decades, and History Keeps Proving Him Right
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Warren Buffett's Most Recent Warning to Wall Street Echoes One He Issued During the Dot-Com Bubble. Is It Time to Listen?
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How Charlie Munger Built Wealth: Lessons From Buffett’s Closest Partner on Compound Growth
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Warren Buffett Swears By This 1 Low-Cost Investment. History Proves He's Been Right Every Time.
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The Vanguard ETF Warren Buffett Endorsed in 2014 Would Have Turned $5,000 Into $20,465 Today
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Warren Buffett Warns Investors as the Stock Market Sounds an Alarm. History Says This Will Happen Next.
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The rift between Warren Buffett and Bill Gates grows as Buffett annual skips donation to Gates Foundation for first time in 20 years
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As radio silence continues, donations to the Gates Foundation from Warren Buffett stop
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A Billion-Dollar Pause: Why Warren Buffett Is Putting His Donations to the Gates Foundation on Hold
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American Express Company (AXP) Remains One Of Warren Buffett’s Oldest Stock Picks
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Warren Buffett’s Berkshire Hathaway Has Held Moody’s Corporation (MCO) Since 2010 - Yahoo! Finance Canada
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Warren Buffett’s Berkshire Hathaway Has Held The Kraft Heinz Company (KHC) Since 2015
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