Jessica Mendoza

The other thing Buffett did was buy private companies outright, companies like See's Candies, Dairy Queen, and Duracell.

The other thing Buffett did was buy private companies outright, companies like See's Candies, Dairy Queen, and Duracell.

In addition to smart buys, Berkshire Hathaway, under Buffett's leadership, became known for rescuing businesses in distress. During the 2008 financial crisis, the company famously bailed out General Electric and Goldman Sachs. Around that time, Buffett became the world's richest person, dethroning Bill Gates. Today, Buffett is still the fifth richest person in the world.

In addition to smart buys, Berkshire Hathaway, under Buffett's leadership, became known for rescuing businesses in distress. During the 2008 financial crisis, the company famously bailed out General Electric and Goldman Sachs. Around that time, Buffett became the world's richest person, dethroning Bill Gates. Today, Buffett is still the fifth richest person in the world.

In addition to smart buys, Berkshire Hathaway, under Buffett's leadership, became known for rescuing businesses in distress. During the 2008 financial crisis, the company famously bailed out General Electric and Goldman Sachs. Around that time, Buffett became the world's richest person, dethroning Bill Gates. Today, Buffett is still the fifth richest person in the world.

So how significant is it that Buffett decided to step away from Berkshire Hathaway at the end of this year?

So how significant is it that Buffett decided to step away from Berkshire Hathaway at the end of this year?

So how significant is it that Buffett decided to step away from Berkshire Hathaway at the end of this year?

Still, Buffett's successor will have to take Berkshire Hathaway into the future. The man he chose for the job, that's next.

Still, Buffett's successor will have to take Berkshire Hathaway into the future. The man he chose for the job, that's next.

Still, Buffett's successor will have to take Berkshire Hathaway into the future. The man he chose for the job, that's next.

Our guns are stored securely, locked in a safe that the kids can't access.

Our guns are stored securely, locked in a safe that the kids can't access.

Our guns are stored securely, locked in a safe that the kids can't access.

For years, Buffett has been touting the accomplishments of his eventual successor, Greg Abel. Here's our colleague Karen Langley again.

For years, Buffett has been touting the accomplishments of his eventual successor, Greg Abel. Here's our colleague Karen Langley again.

For years, Buffett has been touting the accomplishments of his eventual successor, Greg Abel. Here's our colleague Karen Langley again.

So it sounds like he was able to successfully, you know, grow this arm of the business. What else did Buffett see in him over the years?

So it sounds like he was able to successfully, you know, grow this arm of the business. What else did Buffett see in him over the years?

So it sounds like he was able to successfully, you know, grow this arm of the business. What else did Buffett see in him over the years?