UPDATE: Bill Gates : 'Techno-Fixing' Luddite or world savior?
In addition to building American Century, Stowers also was a noted philanthropist in the area of health-care research.
Although the public is still uncertain who will succeed the Oracle, the split-up of the chairman, CEO, and investment roles likely won't alter Berkshire's overall strategy.
Shareholders' concerns about who will replace Buffett grow larger and larger with each year that passes.
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