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Berkshire Hathaway's Greg Abel Receives $25 Million Pay Boost

1/7/2026

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Summary

Story summary

Berkshire Hathaway raised Greg Abel, its Chief Executive, to $25 million as he takes over from Warren Buffett.
Buffett earned about $100,000 annually for more than 40 years.
Abel began his role on January 1 and previously served as vice chairman overseeing non-insurance operations.
Abel earned $21 million in 2024 and $20 million in 2023 and holds about $171 million in Berkshire stock.

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Story summary

Berkshire Hathaway raised Greg Abel, its Chief Executive, to $25 million as he takes over from Warren Buffett.
Buffett earned about $100,000 annually for more than 40 years.
Abel began his role on January 1 and previously served as vice chairman overseeing non-insurance operations.
Abel earned $21 million in 2024 and $20 million in 2023 and holds about $171 million in Berkshire stock.