Greg Abel is the successor of Warren Buffett in Berkshire Hathaway. Here is how he got there

Warren Buffett plans Delivery of control to Berkshire Hathaway At the end of 2025 to Greg Abil, who was working in the legendary investor for more than two decades and has a busy record as a business operator in itself.

ABEL has been on Berkshire Hathaway since 2018, and his current title is the Vice President of Insurance Operations. This role puts Berkshire in areas such as facilities, railways, and retail trade in its jurisdiction.

The facility and energy industry is the place where ABEL, 62, cut his teeth before the right man became Bavate. Join for the first time to Berkshire when Pavite A deal To obtain a controlling stake in Midamerican Energy, where ABEL was an executive official, in 1999. He later served as the CEO of that company, which was renamed to Berkshire Hathawaay Energy.

One of the main courses of ABEL in recent years was to participate in the growing position of Berkshire in five Japanese blocs. Abel said during the shareholders meeting on Saturday that he expected Berkshire to hold these Japanese investments for decades to come.

Abel has been known as the Buffett’s heir since 2021, when the late Charlie Monage was It revealed the decision at the shareholders meeting. It has given a well -prepared step for ABEL Winning the shareholders And the other main stakeholders in Berkshire.

“Greg is ready. I have no doubt about it. We have known if it was for a long time,” Ron Olson, Berkshire’s Board of Directors for a long time, told CNBC on Saturday.

Originally from Canada, Abel joined the University of Alberta who is hockey lovers. He has 2023 annual messagePuffett said that he and Ayel lived a few blocs from each other in Uma in the 1990s, but they did not meet personally during that period.