Warren Buffet wants his son to take over the family business
Posted December 9, 2011 8:06 pm.
This article is more than 5 years old.
The Oracle of Omaha is planning on making it a family affair.
Warren Buffett has told “60 Minutes” that after he dies he wants his son to take over the family business.
Buffett said he wants Howard Buffett to become non-Executive Chairman of Berkshire Hathaway.
However, there is a catch in his plan. Howard Buffett is a farmer with no college degree.
Despite this, the elder Buffett said his son understands the values of the company and would be a good protector of the culture.
He said his son likes the plan as long as he does not have to stop growing corn and soybeans.
The interview will air on Sunday.
