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      • Abel, 60, a hockey fan who grew up in Edmonton, Alberta, joined Berkshire Hathaway Energy, then known as MidAmerican Energy, in 1992, eight years before Berkshire took it over. He became MidAmerican’s chief in 2008, and Berkshire’s vice chairman overseeing its dozens of non-insurance businesses in 2018. Buffett turns 92 on August 30.
  1. 22 hours ago · Berkshire Hathaway said on Saturday that Vice Chairman Greg Abel sold his 1% stake in the company’s Berkshire Hathaway Energy unit for $870 million. Abel is next in line to succeed billionaire ...

  2. Aug 06, 2022 · Abel, 60, a hockey fan who grew up in Edmonton, Alberta, joined Berkshire Hathaway Energy, then known as MidAmerican Energy, in 1992, eight years before Berkshire took it over. He became MidAmerican’s chief in 2008, and Berkshire’s vice chairman overseeing its dozens of non-insurance businesses in 2018. Buffett turns 92 on August 30.

  3. Aug 06, 2022 · Berkshire now owns 92% of Berkshire Hathaway Energy, whose businesses include energy, utility and pipeline operations and a large U.S. real estate brokerage. Scott, an Omaha native, was a longtime Berkshire director and Buffett friend who died last September at age 90. Abel’s sale suggests that the Scott family’s stake may be worth $7 billion.

  4. Aug 06, 2022 · Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold his 1% stake in the company's Berkshire Hathaway Energy unit for $870 million. In its quarterly report, Berkshire said the energy unit bought out Abel in June under an agreement among them and the family of the late billionaire philanthropist ...

  5. Aug 06, 2022 · Join now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – Berkshire Hathaway Inc (BRKa.N) said on Saturday that Vice Chairman Greg Abel, who is next to succeed billionaire Warren Buffett as chief executive, has sold his 1% stake in the company’s Berkshire Hathaway Energy unit for $870 million.

  6. Aug 06, 2022 · Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., on May 5, 2019. Buffett’s company reported a nearly $44 billion loss in the second quarter Saturday, Aug. 6, 2022, as the paper value of its investments plummeted and he bought ...