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In a May 2021 interview, Warren Buffett confirmed Abel as his future successor as CEO of Berkshire Hathaway. Abel's handling of CalEnergy’s take-over of a British utility in the 1990s is credited to mark the start of this transition. Net worth. In June 2022, he sold his 1% stake in Berkshire Hathaway Energy for $870 million.
- Andrea Abel
May 3, 2021 · Warren Buffett confirmed that Gregory Abel, a 59-year-old Berkshire Hathaway Vice Chairman, is set to be his successor once the investing icon is ready to retire as Berkshire's CEO and chairman.
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May 7, 2023 · Greg Abel's net worth is estimated to be between $484 million. How Much Is Warren Buffett Worth? As of August 2022, Warren Buffett's net worth is estimated to be just over $102 billion.
- Troy Segal
May 3, 2021 · His base salary was $16 million in each of the last three years, according to Berkshire’s proxy statement, and he received $3 million bonuses in 2020 and 2019 and a $2 million bonus in 2018 ...
- Hank Tucker
May 3, 2021 · Abel’s compensation has been set by Buffett, the CEO of Berkshire Hathaway. His salary and other forms of compensation equate to multiple millions per year. Reuters reported in 2019 that his ...
- Kathryn Underwood
Jan 10, 2018 · Under Abel’s watch, Berkshire has built itself into a renewable energy giant, building out extensive wind farm operations in the American Midwest and expanding the company’s footprint in the southwestern U.S. He’s been richly rewarded for his efforts, pocketing US$17.5 million, including bonuses, in 2016.
Nov 29, 2023 · Warren Buffett named Greg Abel, 61, as his successor at Berkshire Hathaway back in 2021. ... High net worth individuals (HNWIs) are those who have at least $1 million in easily convertible assets ...
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- Kwan Wei Kevin Tan