"Berkshire Hathaway is better prepared than any other company to be around for another 100 years," Warren Buffett said as he officially handed the CEO role to his chosen successor, Greg Abel, at the start of 2026. The comment accompanied the formal transfer of leadership with the new year.

Buffett made the remark while stepping aside and passing day-to-day chief executive duties to Abel. No additional figures or forecasts were provided in the brief statement.

The handover marks a milestone in Berkshire Hathaway's succession process, placing Abel in charge of the conglomerate going forward. #WarrenBuffett #GregAbel #BRK.B #FiatNews