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Gregory Edward Abel was born on June 1, 1962, in Edmonton, Alberta. [1] [2] During his childhood Abel did odd jobs like distributing flyers and returning bottles to make money. He also worked as a laborer for a forest product company. [3] He did not participate in too many extracurricular activities in school, aside from hockey and football. [4]
Des Moines resident Greg Abel is poised to become one of the most important business figures in the nation. A current vice chairman of Berkshire Hathaway, Abel will have his first annual meeting ...
OMAHA — Berkshire Hathaway's Warren Buffett slipped Saturday at the company's annual meeting, throwing his first question to Des Moines resident Greg Abel, the 93-year-old's choice to replace ...
Greg Abel of Des Moines assumes his role of successor in waiting to Warren Buffett as Berkshire Hathaway's annual meeting approaches. Is he ready? Buffett successor Greg Abel is a ‘regular guy ...
In August 2022, Berkshire Hathaway acquired a 1% stake in the company from Greg Abel for $870 million. [9] In October 2024, Berkshire Hathaway purchased the remaining 8% stake from the family of Walter Scott Jr. following his death three years prior, bringing the company's ownership to 100%. [10]
When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway, he is expected to preserve the culture at the behemoth even if he does not match the star power of his legendary boss. A ...
In January 2018, Berkshire Hathaway appointed Ajit Jain and Greg Abel to vice-chairman roles. Abel was appointed vice chairman for non-insurance business operations, and Jain became vice chairman of insurance operations. [212] [213] In May 2021, Buffett named Greg Abel to be his successor as CEO of Berkshire Hathaway. [214]
Buffett’s long-time partner, the then 97-year old Charlie Munger, ended the mystery at the 2021 annual meeting by letting slip that the choice, made well before but long kept secret, was Greg Abel.