Potential Buffett Heir Reveals What May Be Just the Start of His Berkshire Stake
- Latest filing shows executive owns $2.1 million in stock
- Executive was named to the conglomerate’s board this month
Greg Abel
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
Greg Abel is seen by many analysts and investors as the likeliest candidate to one day lead Berkshire Hathaway Inc. The latest disclosure on his stock holdings offers just a glimpse of his potential stake in Warren Buffett’s sprawling company.
A regulatory filing on Friday shows Abel indirectly holds about $2.1 million of stock in the Omaha, Nebraska-based company. But a separate disclosure last year noted an agreement that could catapult his holdings higher. That filing showed he could convert a stake in Berkshire’s energy business into more than $400 million of stock in the conglomerate.