Who is Howard Buffett, the son of Warren Buffett, nominated as his successor to lead Berkshire Hathaway?
Howie Buffett is expected to take the reins of the business empire, which is estimated to be around USD 1 trillion or approximately Rs 86,55,550 crore or Rs 86 lakh crore. The 70-year-old is a businessman, former politician, philanthropist, photographer, farmer, and conservationist.
Billionaire investor Warren Buffett has named his middle child, Howard Buffett, as his successor. Howard, aka Howie Buffett, is the middle child of Warren Buffett and has been nominated to take over as the non-executive chairman of Berkshire Hathaway.
Why Warren Buffett delayed naming his successor
Howie Buffett is expected to take the reins of the business empire, which is estimated to be around USD 1 trillion or approximately Rs 86,55,550 crore or Rs 86 lakh crore.
CREDIT: AP
According to The Wall Street Journal, 94-year-old Warren Buffett had delayed announcing his successor, as he was looking for someone who could manage his ?8.2 trillion corporate asset group in a manner close to his own stewardship.
However, back in 2011, Buffett told CBS News that he would like his son Howard to succeed him as Berkshire Hathaway's non-executive chairman.
Who is Howard Buffett
The 70-year-old is a businessman, former politician, philanthropist, photographer, farmer, and conservationist.
CREDIT: FACEBOOK
Starting in 1993, Howie Buffett has served as a director on the boards of several prominent companies, including Berkshire Hathaway, Coca-Cola Enterprises, Lindsay Corporation, Sloan Implement, ConAgra Foods, and agricultural equipment maker GSI Group.
Howard Buffett's net worth
The estimated net worth of Howard Buffett is at least $4 million as of 2025-01-14. Howard Buffett is the Director of Lindsay Corp and owns about 30,177 shares of Lindsay Corp (LNN) stock worth over $4 million.
CREDIT: FACEBOOK
Howard Buffett's philanthropic activities
Howard Buffett also serves or has served on the National Geographic Council of Advisors, World Wildlife Fund National Council, Cougar Fund, Illinois and Nebraska Chapters of the Nature Conservancy, Ecotrust, and the Africa Foundation. Buffett founded the Nature Conservation Trust.
He is also the CEO and Chairman of the Howard G. Buffett Foundation (HGBF), which is named after his grandfather and is one of the largest private charitable foundations in the United States. HGBF focuses on issues including global food security, conflict mitigation, combating human trafficking, and public safety.
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Bobins Abraham is the Assistant News Editor at Indiatimes. He has more than twelve years of experience in TV and digital journalism. An avid student of history and geopolitics, he is a conservationist and environmentalist at heart. He writes on environment, sustainability, human-animal conflict and more.
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