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philanthropy

Buffett’s Berkshire Stuns with Record Cash Hoard and Profit Surge Ahead of CEO Exit

Warren Buffett’s Farewell Letter: “Going Quiet,” $1.35B Gift to Family Foundations, and the Hand‑Off to Greg Abel (Nov. 11, 2025)

Dateline: November 11, 2025 Warren Buffett has published what is effectively his farewell message as Berkshire Hathaway’s CEO, signaling the end of his famed annual report essay and marathon Q&A at the shareholder meeting. In the same message, the 95‑year‑old detailed a fresh phase of his philanthropy and disclosed the conversion and donation of Berkshire stock worth roughly $1.35 billion to four family foundations. He plans to continue communicating each November with a shorter “Thanksgiving” note as he transfers day‑to‑day leadership to vice chair Greg Abel at year‑end. For background and reporting, see coverage from CNN, the Financial Post, and
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