Billionaire investor and Berkshire Hathaway co-founder Warren Buffett has named his middle child, Howard "Howie" Buffett, his successor.

After decades of anticipation, Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, has named his son Howard "Howie" Buffett as the non-executive chairman of the multi-billion-dollar conglomerate.

Warren Buffett has named his son, Howard “Howie” Buffett, as the non-executive chairman of Berkshire Hathaway; here's what you need to know about him

Father of three, Warren Buffer – co-founder, chairman and CEO of Berkshire Hathaway – names his middle son Howie as his successor

Howie Buffett, set to become nonexecutive chairman of Berkshire Hathaway, has a diverse background as a sheriff, farmer, and corporate board member. With his father Warren’s trust, he aims to maintain the company’s culture while overseeing philanthropic efforts related to their father’s wealth.

In 2013, when Warren Buffett appointed Howie as the non-executive chairman of Berkshire Hathaway, it sparked considerable debate

Warren Buffett has chosen his middle child, Howard "Howie" Buffett, as his successor in Berkshire Hathaway, where he will serve as non-executive chair

Billionaire Bill Ackman is offering to take over Howard Hughes Holdings, with the goal of turning the Houston real estate firm into a holding company akin to Warren Buffett's Berkshire Hathaway. Ackman's Pershing Square Capital Management is seeking to own as much as 69% of Howard Hughes Holdings,