Warren Buffett is a household name for all investors. The 'Oracle of Omaha' as he is known has turned Berkshire Hathaway from a small textile operation into an industrial powerhouse that owns railroad Burlington Northern and insurance player Geico. Buffett is also a legendary stock picker, getting in early on leading companies such as Coca-Cola, Apple and American Express. In the process of all this deal-making, Buffett has amassed a net worth of about $140 billion. What many investors forget is that Buffett is also a devoted father of three. One of his children is Howard Buffett, a current board member of Berkshire Hathaway who is likely to succeed his father as chairman. Howard Buffett is a long-time farmer and philanthropist, leaving the stock-picking to his legendary father. Yahoo Finance Executive Editor Brian Sozzi talks with Howard G. Buffett chairman and CEO Howard Buffett about why he is giving money to war-torn Ukraine and how to make a difference in today's scary world.

Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.

Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/.

Thoughts? Questions? Fan mail? Email us at [email protected].

01:00-Howard Buffett's philanthropic efforts in war-torn Ukraine, with plans to donate $800 million

06:15-Running a lean and smart team at the Howard G. Buffett Foundation

10:22-The politics of aid is complicated

13:40-The link between inflation and the war in Ukraine

15:00-Howard Buffett's potential future with Berkshire Hathaway

21:25-The state of the world and trading

Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky.

Howard Buffett is the Chairman and CEO of The Howard G Buffett Foundation.

Learn more about your ad choices. Visit megaphone.fm/adchoices