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In June 2022, he sold his 1% stake in Berkshire Hathaway Energy for $870 million. In October 2022, it was announced that Abel purchased 168 shares of Berkshire Class A shares worth approximately $68 million. This equates to an approximate average share purchase price of $404,761.90.
- Andrea Abel
Aug 6, 2022 · By Jonathan Stempel. (Reuters) - 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%...
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Who is Greg Abel?
Oct 3, 2022 · Abel joined Berkshire Hathaway Energy, then known as MidAmerican Energy, in 1992, eight years before Berkshire took it over.
Nov 29, 2023 · CalEnergy would later acquire MidAmerican Energy in 1999, adopting the latter's name in the process. Abel found himself in Buffett's orbit when Berkshire Hathaway bought a controlling interest in ...
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- Kwan Wei Kevin Tan
May 3, 2021 · He became CEO of MidAmerican in 2008 and the company later changed its name to Berkshire Hathaway Energy (BHE). Abel first landed on Buffett’s radar in the mid-1990s, when he moved to the U.K ...
Aug 6, 2022 · (Reuters) - 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...
Aug 6, 2022 · Aug 6 (Reuters) - Berkshire Hathaway Inc (BRKa.N) said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold his 1%...