Why Warren Buffett Plans on Handing the Reins of His Trillion-Dollar Company to his Eldest Son | Global News Avenue

Wallen Buffett Berkshire Hathaway has changed from a failed textile company to a huge group worth nearly $ 1 trillion. Now he is 94 years old, and the time of the rope is coming. This is one of the most striking jobs. The role of the chairman of the executive is the middle -aged child, charity, and farmers who will be given to him. Interesting resume.

Who is Howie Buffett?

Howard Graham Buffett is the middle child of Warren Buffett. Howie was born in December 1954. It is reported that he likes to be summoned and perform well in school, but he has been struggling at the university and has never obtained a degree.

His resume is very long and full of various positions. Over the years, Howie Buffet has been employees of many companies, including Berkshire Subsidon, Sheriff, members and chairman of the Ethanol board of Nebraska, best -selling writers, charity and farmers.

He also worked in a company board of directors including Archer-Daniels-Midland (am), Coca -Cola Company (That), Coca -Cola Enterprise, Lindsai Company (LNN), Conagra Foods (CAG), Sloan Impartiment and Berkshire Hathaway (brk.bTo.

Why does Warren Buffett hopes how Howie will inherit him

Warren Buffett decided to transfer the RE rope to his son. A few years ago, it was mainly interpreted as a way to maintain the culture of Berkshire Hathaway. He talked about his fear of the company’s wrong hands, ignored the interests of shareholders and was deprived. This means that he must leave Berkshire and give him the person who trusts him. He does not know outside the company. Haoyi is the answer.

Howie Buffett’s father has run Berkshire from the beginning. When he was a child, he listened to his father’s business phone number. He has been serving as the company’s board of directors for more than 30 years. After decades of training, he can sit on the head of the table.

Berkshire Hathaway’s possible future

Some investors are worried about the plan. Criticism of HOWIE includes he lacks a lot of investment, take over the company’s experience, and operates such a diverse business group. For them, the infamous relationship of the skirt.

Warren Buffett lightly wrote a concern for Howie’s lack of experience, claiming that his son “does not have to consider business business”, but only whether the board of directors need to change the CEO. “For Warren, In the case, the most important feature of non -executive chairman is to understand the company and its culture.

Some analysts say that without Warren Buffett and long -term vice chairman Charlie Munger, he died in 2023, Berkshire. A common view is that Berkshi is Berkshi. Er will be forced to adjust its business model to please investors, that is, to break into the company and give priority to shareholders by breaking into the company and give the return capital priority.

Bottom line

A Warren Buffett in his son Howie, a person he can trust, will do his best to protect the culture of Berkshire Hathaway and ensure business operations. He wants how it can run. Howie knew that inside and outside the company, experienced in the company’s board of directors, and has been holding this position for many years.

But this may not be enough to prove the critic of the critic. Haoy has a large boots to be filled.