Warren Buffett is undoubtedly the most important investor of all time, producing a ton of wealth for Berkshire Hathaway shareholders. Buffett introduced in Could that he would resign because the conglomerate CEO on the finish of 2025, inflicting many buyers to surprise.
This query has been requested for many years, however some early candidates did not stay as much as their excessive expectations. The reality is, it is onerous for everybody to match the data Buffett has achieved. He has produced excessive returns for over 60 years, but in addition serves as an off-the-cuff trainer and ethical authority in capitalism.
There are a lot of buyers who’ve achieved nice outcomes for some time, however they typically have their promoting glowing and sooner or later they even shut their funds to handle their cash. Nonetheless, there are candidates with a powerful monitor file of filling in a few of the void as soon as Buffett is gone.
There are 5 buyers with the potential to turn into the following Warren Buffett.
1. Greg Abel
If you happen to’re on the lookout for the following Warren Buffett, you might additionally begin with the man who’s changing him as CEO of Berkshire Hathaway. Greg Abel was handpicked by Buffett to take over Berkshire on the finish of 2025, so it is clear that Buffett was impressed together with his investments and enterprise expertise.
Abel has been Berkshire’s vice-chairman since 2018 and oversees the non-insurance operations of firms comparable to BNSF Railway, Berkshire Hathaway Vitality and varied retailers. He has labored as a member of the corporate’s vitality enterprise for a few years, and was president of Central America Vitality when Berkshire invested in IT in 1999.
“I feel Berkshire’s outlook is best beneath Greg’s administration than mine,” Buffett advised shareholders in Could.
2. Invoice Ackman
Invoice Ackman is the founding father of Pershing Sq. Capital, an funding fund that holds a centralized portfolio of shares. Ackman was Buffett’s shut watchdog at his childhood, beginning to put money into small companies, as Buffett had, and even asking questions on the Berkshire Annual Assembly within the Nineties.
Ackman has expressed his curiosity in constructing organizations like Berkshire with everlasting capital to make higher investments in the long term. He has been extra overtly stated about political points in recent times, supporting President Donald Trump’s 2024 presidential election and supporting Israel’s actions in Gaza as a part of the Israel-Hamas Battle.
In response to Bloomberg, Ackman was price round $8.2 billion as of July 2025.
3. Seth Kraman
Seth Klarman is CEO and portfolio supervisor of Baupost Group, a Boston-based funding supervisor. The corporate makes a speciality of worth investments throughout a wide range of asset lessons, together with shares, bonds and industrial actual property.
Klarman can be the creator of “Security Margins” and is taken into account the most effective funding books that many have ever written. Though this guide will not be printed, used copies could be bought for over $1,000.
Klarman tends to maneuver away from Limelight, however his annual letters are extremely wanted within the funding group. Buffett reportedly was as soon as requested who would need to handle his cash if he could not do it himself, and Klerman was certainly one of his primary selection.
4. Ted Weshler
Ted Weschler was employed by Buffett in 2011 to work as funding supervisor for Berkshire. Weschler beforehand managed his personal hedge fund in Charlottesville, Virginia, and met Buffett via a charity lunch public sale he purchased for the second 12 months in a row.
Weschler has saved his notable presence and has performed solely a handful of interviews through the years, however his funding expertise are revered. In response to Propublica, he grew a retirement account from round $70,000 on the finish of 1989 to greater than $264 million on the finish of 2018. Weschler stated the account was invested in public securities solely.
Berkshire additionally employed Todd Combs in 2010 to work as an funding supervisor. Combs has an insurance coverage background and took over in 2019 as CEO of GEICO, which owns Berkshire.
5. LiLu
Li Lu based Himalaya Capital, a Seattle-based funding fund in 1997, and was as soon as planning to affix Berkshire in an funding function. Li was born in China and was one of many leaders of pupil protests at Tiananmen Sq. in 1989. He fled China and got here to the US, incomes a bachelor’s diploma, legislation diploma and an MBA from Columbia College on the similar time.
Li follows the identical funding philosophy as Buffett and his longtime accomplice, Charlie Munger. He turned shut mates with Munger and managed the cash on his behalf. In 2010, the Wall Avenue Journal reported that Li Lu was prone to be part of Berkshire as an funding supervisor, however in the end determined to stick with his firm.
Li is believed to have launched the electrical car firm BYD to Munger and Berkshire, and in the end invested in Chinese language firms, incomes billions for Berkshire shareholders.