Howard Buffett, a philanthropist and farmer, advances rural development and food security; son of Warren Buffett and longtime Berkshire associate.
Warren Buffett has redirected about $6 billion of Berkshire Hathaway stock away from the Bill & Melinda Gates Foundation to four family foundations and has accelerated plans to distribute his remaining Berkshire shares by Dec. 31, 2034. He has said he reviewed Bill Gates’s testimony about Jeffrey Epstein and has met Gates in Omaha since those documents were released.
Warren Buffett has stepped down as chairman of Berkshire Hathaway and has become chairman emeritus, remaining on the board. His son, Howard Buffett, has become non-executive chairman while Greg Abel continues as chief executive. The move completes a long‑planned succession more than nine months after Buffett handed the CEO role to Abel.
Berkshire Hathaway has nearly doubled its stake in Lennar to about 25.4 million shares, valued at roughly $2.1 billion, as the housing market slows and mortgage rates stay high. The purchases occurred between Sept. 17 and Sept. 21, with additional buys reported later in the week. Lennar’s quarterly results were weak, and Berkshire’s move is seen as a classic value play within the portfolio, guided by Ted Weschler.