Huffpost Business

Warren Buffett's Successor Will Be A Man, Buffett Says

Posted: Updated:

OMAHA, Neb. -- Warren Buffett is keeping secret the identity of the person likely to succeed him as CEO of Berkshire Hathaway but he is narrowing the field – he says the top choice and two backups are men.

Buffett is getting questions about his successor because he is 81 years old and was recently diagnosed with prostate cancer although the disease is not expected to threaten his health.

Buffett has said Berkshire's board has chosen his successor, but doesn't want to name him because the choice could change.

Buffett said during an interview with Fox Business on Monday that he's not making any effort to teach his successor how to run Berkshire. He says none of his potential successors need to be treated like apprentices.

He expects his successor will maintain the company culture.

Around the Web

Warren Buffett - Wikipedia, the free encyclopedia

Warren Buffett Biography

Warren Buffett News - Bloomberg

Warren Buffett | Investopedia

Warren Buffett | Business | The Guardian

Warren Buffett: Wal-Mart View Unchanged, May Have Overpaid For ConocoPhillips ...

Warren Buffett says his successor will be a man

Buffett Shuns Super PAC Contributions While Supporting Obama

Warren Buffett says he'd allow female members at Augusta

Warren Buffett says he likes the dollar better than most currencies. That, he ...

Buffett says investors shouldn't act on headlines