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Abel faces tough task running Berkshire after Buffett

Abel faces tough task running Berkshire after Buffett

The handpicked successor inherits a record cash pile — but will be scrutinised more than the “Oracle of Omaha”.

Greg Abel during a shareholders shopping day ahead of the Berkshire Hathaway annual meeting in Omaha in 2022. Getty

As 40,000 Berkshire Hathaway shareholders took to their feet in Omaha on the weekend in a standing ovation for Warren Buffett, Greg Abel was among those applauding the career of the world’s greatest investor.

By the time they gather for next year’s annual meeting, their eyes will be fixed on Abel, Buffett’s handpicked successor at the financial powerhouse he spent six decades building.

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Original URL: https://www.afr.com/world/north-america/abel-faces-tough-task-running-berkshire-after-buffett-20250505-p5lwip