Warren Buffett’s Successor Is Building an $68 Million Berkshire Holding
- Abel is top candidate to replace Warren Buffett as CEO
- Purchases significantly increase Abel’s stake in conglomerate
Greg Abel
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
Greg Abel, who is in line to eventually succeed Warren Buffett as chief executive officer of Berkshire Hathaway Inc., has been building his stake in the conglomerate he expects to oversee one day.
Abel acquired about $68 million of stock late last month, according to filings Monday. The Class A shares closed at $413,300 Monday in New York.