The corporate world is about to get a major Silicon Valley-style shake-up, and it’s not coming from a tech startup , it’s from the legendary investment firm Berkshire Hathaway.

Warren Buffett, the 94-year-old investing oracle who’s been running the show since 1965, is finally stepping down and handing the keys to Greg Abel at the end of this year. After decades of being the financial world’s grandpa, Buffett is ready to retire and let a new generation take the wheel.

The Changing of the Guard

Able, a 62-year-old businessman from Alberta, Canada, has been prepped for this moment since 2021. He’s currently the vice-chairman of non-insurance operations and will take over as CEO of the trillion-dollar conglomerate. Buffett promises he won’t sell a single share of stock and will remain chairman until his son Howard takes over after his death.

From Chewing Gum to Billions

For context, this isn’t just any company transition. Berkshire Hathaway started when Buffett took over a struggling textile mill and transformed it into a $1.1 trillion behemoth. The man literally went from selling chewing gum and newspapers as a kid to becoming the fifth richest person on the planet, with a net worth of $169 billion.

What’s Next?

Buffett isn’t just quietly riding into the sunset. He’s still throwing shade at trade wars, critiquing government spending, and praising tech leaders like Tim Cook. His final message? America should focus on doing what it does best, and let other countries do the same. Classic Buffett wisdom, served with a side of economic reality check.