Warren Buffett’s successor is all-in on the company: He will spend his entire after-tax salary of $15M buying Berkshire Hathaway stock
Two months after taking over from Warren Buffett, Berkshire Hathaway CEO Greg Abel is putting his money where his mouth is.
The Berkshire boss said in a CNBC interview Thursday he would use his entire $15 million after-tax salary (his salary is $25 million for 2026) to purchase shares of the company he took over in January each year for as long as he is in charge.
These purchases, which he said would take place yearly after the company releases its annual results, would amount...