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Greg Abel Takes Over Berkshire Hathaway as Warren Buffett Retires After Six Decades

Investors await his plans for deploying roughly $380 billion in cash, including any shift in Berkshire’s capital‑return stance.

Overview

  • Warren Buffett, 95, ended his tenure on December 31, 2025, with Greg Abel assuming the CEO role on January 1, 2026.
  • Berkshire Hathaway is valued at more than $1 trillion and sits atop a diversified mix of public stakes and wholly owned businesses built on insurance-generated float.
  • Coverage highlights cash reserves of about $380 billion as the first major test for the new leadership’s capital allocation.
  • The company has not paid a dividend since 1967, and some investors may press the new chief to consider changes to capital returns.
  • Abel, 63, a Canadian executive who led Berkshire’s non‑insurance operations and its energy arm, had been publicly designated as Buffett’s successor.