Greg Abel, a Canadian CPA who spent 27 years at Berkshire Hathaway running its energy business before becoming CEO on January 1, 2026, has taken over the $1 trillion empire from Warren Buffett; his early investment moves, including tripling Alphabet's stake and opening positions in Delta and Macy's, suggest a strategic shift toward technology and consumer sectors, raising questions about how he will deploy Berkshire's cash pile and maintain the company's legacy without Buffett's leadership.
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Who is Greg Abel, the man who replaced Warren Buffett?Added:
Greg Abel just took over a $1 trillion empire from Warren Buffett. His first job paid 5 cents per glass bottle.
Abel is a Canadian CPA who climbed inside Berkshire for 27 years running its energy business before becoming CEO on January 1st, 2026.
His first shareholder letter leaned hard on one word, continuity, but his early moves tell a different story. He tripled the Alphabet stake and opened new positions in Delta and Macy's.
The real questions, will he deploy Berkshire's cash pile, lean further into tech, and hold the Omaha faithful without Buffett on stage?
Watch the next 5 years.
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