Buffett’s Grandson Seeks Own Investment Route: Social Change

At 32, Howard Warren Buffett, the grandson of the Berkshire Hathaway founder Warren E. Buffett, has already enjoyed a diverse career.

He teaches at Columbia University, runs a farm in Nebraska, previously oversaw his family’s foundation and worked on economic redevelopment efforts in Afghanistan for the Defense Department.

So far, however, he has steered clear of the private sector investing that made his family’s famous name and enormous fortune.

Now, that is changing. Mr. Buffett has co-founded a permanently capitalized operating company with big ambitions — essentially mimicking the structure of Berkshire Hathaway, the $328 billion conglomerate that owns everything from railways to candy makers.

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