Meet Howard Buffett, Warren Buffett's eldest son who's succeeding him as chairman of $1.1 trillion conglomerate
Howard Buffett, billionaire Warren Buffett’s eldest son who is replacing him as Berkshire Hathaway’s chairman in a long-standing succession plan, has held a range of jobs, including farming.
On Friday, Berkshire Hathaway announced that Howard Buffett, the 71-year-old eldest son of the company's founder Warren Buffett, will become the non-executive chairman of the US$1.1 trillion conglomerate. This marks the completion of one of the most significant transitions in corporate America, following the handover of the CEO position to Greg Abel nine months ago.
Warren Buffett, now 96, will assume the role of chairman emeritus. Howard, who has been a Berkshire director for 33 years, is the second-born child and the eldest of his two sons. Known as Howie, he has a diverse background, having been a farmer, photographer, conservationist, businessman, and an author of over a dozen books on conservation, wildlife, and the human condition.
He has also served on several corporate boards, including Agro Tech, Archer-Daniels Midland, Conagra Foods, Coca-Cola Company, Coca Cola Enterprises, FirsTier Financial, and Lindsay Corporation. Howard currently leads the Howard G. Buffett Foundation, a charitable organization focused on addressing global hunger, combating human trafficking, and mitigating conflicts.
The foundation, which has been funded by donations from Warren Buffett, has recently focused its resources on Ukraine. Over the years, Howard has traveled to more than 150 countries, partly due to his charitable work. He has been recognized by several governments, including Colombia, El Salvador, Mexico, Rwanda, and Ukraine, for his contributions in agriculture, conservation, journalism, philanthropy, and law enforcement.
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