Omaha, Nebraska, October 31, 2025 – Legendary investor Warren Buffett is set to release a personal letter to his three children and Berkshire Hathaway (BRKa.N) shareholders on November 10, according to the Wall Street Journal, citing Buffett’s assistant. Following his upcoming retirement as CEO at the end of 2025, Buffett will hand over the writing of Berkshire’s annual shareholder letter to Greg Abel, the company’s vice chairman and incoming CEO, starting in February 2026.

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Buffett’s Succession and Leadership Transition

Buffett, 95 years old, will step down as Berkshire Hathaway CEO but will continue serving as chairman of the conglomerate. Greg Abel, 63, has gradually assumed more responsibilities over recent years, particularly after Buffett formally announced the management transition at the May 3, 2025, annual meeting.

Next year, Buffett plans to sit in the audience with other directors, rather than taking the stage, signaling a shift toward a more advisory role while continuing to provide guidance on corporate strategy.

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Annual Letter and Estate Planning

The content of Buffett’s November 10 letter to his children—Susie, Howard, and Peter—and to shareholders is not yet known. Historically, Buffett’s letters have addressed personal reflections, estate planning, and philanthropy. For instance, his letters in November 2023 and 2024 discussed:

• Estate planning strategies for his family
• Gratitude for opportunities in the United States
• Announcements of donations to family charities

This letter is expected to continue the tradition of combining personal insight with guidance for shareholders, while also reflecting Buffett’s succession planning priorities.

Howard Buffett, one of Warren Buffett’s children, is anticipated to eventually take on the role of non-executive chairman at Berkshire Hathaway, further formalizing the family’s involvement in governance.

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Greg Abel Takes the Helm

Greg Abel will author Berkshire Hathaway’s annual shareholder letter for the first time in February 2026. Abel has been a key figure in Berkshire’s leadership team, and his new role underscores the company’s careful succession planning. Analysts view this transition as a milestone for the conglomerate, ensuring continuity in management philosophy while providing investors with long-term stability.

Buffett’s departure as CEO is not expected to change Berkshire’s investment approach, but Abel’s letters and leadership style may gradually introduce new perspectives on strategy and corporate governance.

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Key Takeaways

• Warren Buffett will issue a personal letter to his children and shareholders on November 10, 2025.
• Greg Abel, Berkshire vice chairman, will write the annual shareholder letter beginning February 2026.
• Buffett is retiring as CEO but will remain chairman of Berkshire Hathaway.
• Future letters may continue to address estate planning, philanthropy, and corporate strategy.
• The leadership transition highlights Berkshire Hathaway’s succession planning and ensures continuity in its investment philosophy.