Buffett Releases Final Annual Letter, Accelerates Charity Plan
Warren Buffett released his final annual letter to Berkshire Hathaway shareholders on Monday,
November 10, 2025, ahead of stepping down as CEO at the end of the year. In the letter, Buffett announced he is "going quiet," meaning he will no longer write the annual report or speak extensively at annual meetings.
He also accelerated plans to donate his remaining $149 billion fortune to his children's charitable foundations.
Key points from the farewell letter:
Succession: Buffett reiterated his full confidence in Greg Abel, who will become CEO on January 1, 2026, and said he would remain a significant Class A shareholder to ensure stability during the transition.
Philanthropy: Buffett, now 95, said he is speeding up his giving to ensure his children's foundations can manage his entire estate while they are in their prime.
He recently converted and distributed $1.3 billion in shares to his children's foundations.
Reflections: The letter included reflections on his long career, his partnership with the late Charlie Munger, his roots in Omaha, and offered life advice.
Outlook: Buffett acknowledged that Berkshire's size will make future growth more challenging but affirmed the company's strong, stable foundation. He also expressed his intent to continue his personal Thanksgiving messages to shareholders.
#WarrenBuffett #BerkshireHathaway #FinalLetter #Philanthropy #GregAbel