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Executive Producer
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Nati Harnik / AP Bill Gates and Warren Buffett share a laugh while answering questions from students at the University of Nebraska-Lincoln's College of Business Administration, in Lincoln, Neb., in 2005. |
In an interview with Bloomberg TV, the 53-year-old Microsoft co-founder and Berkshire board member says:
"I've got a commitment to stay involved with Berkshire as a lifelong thing. We always have to think about what might happen and make sure Berkshire is not just great now, but forever."
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The Coca-Cola Company Donald Keough, Coca-Cola Nonexecutive Chairman of the Board |
Buffett, who is 78 years old, has acknowledged to Bloomberg (and others) that the succession question is "the most important issue there is. There's nothing more important. Nobody knows on any given day where I'll be the next day."
Berkshire has identified candidates to replace Buffett as CEO. They all "currently work for or are available to Berkshire and are people in whom I have total confidence," but Buffett and the company absolutely refuse to name any names.
There's been, however, no shortage of speculation.
Portions of the Gates and Keough interviews will appear in a Bloomberg TV special about Berkshire Hathaway, airing today (Tuesday) at 5p ET.
Current Berkshire stock prices:
Class A: [US;BRK.A
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Class B: [US;BRK.B
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Microsoft: [MSFT
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Coca-Cola: [KO
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Questions? Comments? Email me at
- "Business Buddha" Warren Buffett #16 On Portfolio's List of Best CEOs Ever (April 23)
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- Fortune Puts Warren Buffett In "Car of the Future" Driver's Seat (April 13)
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