Buffett has dedicated much of his wealth to philanthropy. Between 2006 and 2020, he gave away $41 billion—mostly to the Bill & Melinda Gates Foundation and his children’s charities. Buffett launched the Giving Pledge alongside Bill Gates in 2010.5556
Now 93 years old, Buffett still serves as CEO, but in 2021 he stated that his likely successor would be Gregory Abel, head of Berkshire’s non-insurance operations.