Warren Buffett has increased the pace of donations from his wealth to the foundations run by his children, generating speculation about a possible withdrawal from business.

Warren Buffett, legendary investor, announced that he will accelerate donations from his $149 billion fortune to the foundations run by his three children, in the context of handing over the leadership of Berkshire Hathaway to Greg Abel. In a letter for Thanksgiving, Buffett, at the age of 95, explained that he wants to expedite the distribution of his shares to be efficiently managed by his children, considering their age as well. Buffett donated 1,800 shares of Berkshire A, equivalent to 2.7 million shares of B, to four family foundations, with a total value exceeding $1.3 billion.

Although he acknowledged that he is aging, Buffett emphasized that he feels well and continues to work daily. Greg Abel will take over as CEO of Berkshire Hathaway starting January 1, 2026, while Buffett will remain chairman of the board. Despite the challenges, Buffett reaffirmed Berkshire's financial strength, mentioning record cash reserves and warning investors not to panic in the face of stock price fluctuations.