Berkshire Hathaway's results showed a quarterly profit of $9.6 billion, down from $11.2 billion in the same period in 2024.

Vice Chairman Greg Abel, 62, who is expected to succeed Buffett as chief executive, will join him. Vice Chairman Ajit Jain, 73, will join for two and a half hours. The meeting will be broadcast on CNBC and livestreamed on cnbc.com. Here are some facts about Buffett and Berkshire.

Berkshire Hathaway Inc.’s cash pile climbed to a record $347.7 billion at the end of the first quarter as Chief Executive Officer Warren Buffett continued selling stocks while struggling to find opportunities to put money to work.