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Buffett Praises Successor Greg Abel Saying He Does Everything He Did and More
Business
Published on 2 May 2026

Buffett’s standing ovation came with a rare transfer of trust
Warren Buffett, 95, drew a standing ovation at Berkshire Hathaway’s first shareholder meeting since CEO succession. Speaking under new leader Greg Abel, Buffett said Abel is “doing everything I did and then some,” signaling high confidence in the handoff. The upbeat tone followed strong first-quarter results and a major jump in Berkshire’s Apple investment value.
- Buffett gave Greg Abel a powerful public endorsement at the meeting
- The applause highlighted confidence in the leadership transition
- Strong quarterly performance set the stage for the event
- Apple investment gains boosted Berkshire’s results
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
