The handpicked successor inherits a record cash pile — but will be scrutinised more than the “Oracle of Omaha”.

Known as the world’s fifth richest person and often viewed as the globe's top investor, Buffett has pledged to give away 99% of his fortune when he dies.

The stock market is rallying as AI spending and Trump tariff news turn positive. Warren Buffett will step down as Berkshire Hathaway CEO at year-end.