He also sold calendars, used golf balls, and stamps. He had amassed the ... For his second child, Howard, he borrowed a crib. Buffett lives a modest lifestyle. Despite his multibillionaire status ...

on Saturday that he planned to hand over the reins to Abel at year-end — a decision he reportedly discussed with only his two children, Howard and ... the ranks to be Buffett’s choice and what ...

Who is Greg Abel, how did he rise through the ranks to be Buffett’s choice and what challenges does he face as he puts his stamp on the sprawling business empire of the Oracle of Omaha?

Warren Buffett will stay on as chairman of Berkshire Hathaway after Vice Chairman Greg Abel takes over as chief executive officer, the conglomerate said on Monday.

But Mr. Buffett added that he “would still hang around and conceivably be useful in a few cases.” He will remain chairman of Berkshire — turning that role over to his son Howard Buffett upon ...

The older Buffett has said that after he dies he would like Howard to take over as chairman.A current vice-chairman, Abel, will take over as CEO as big questions hover over the company.

Aug. 30, 1930 In August 1930, Mr. Buffett was born in Omaha to Leila and Howard Buffett, an investment banker and future Republican congressman. At 9 years old, he started studying the stock market.