Who Is Greg Abel? Everything To Know About Warren Buffett Successor

Who Is Greg Abel? Everything To Know About Warren Buffett Successor

Greg Abel’s Wikipedia bio identifies him as Warren Buffet’s heir at Berkshire Hathaway. Continue below for more on the businessman.

Greg Abel is a Canadian businessman, CEO, and chairman of Berkshire Hathaway Energy. 

Greg was promoted to vice-chairman of non-insurance operations of Berkshire Hathaway in January 2018.

The promotion made him one of the top contenders who’s likely to be the successor to the company Warren Buffet, the current CEO of Berkshire Hathaway. 

In a recent annual meeting of the company, Berkshire vice-chairman Charlie Munger inadvertently disclosed that Greg Abel would succeed the current chairman and CEO Warren Buffett. 

Berkshire Hathaway is an American multinational conglomerate holding company.

It wholly owns GEICO, Dairy Queen, Long & Foster, Duracell, BNSF, Fruit of the Loom, Flight safety international, Forest River, and many other holdings in public companies. 

Who Is Greg Abel? Age And Wikipedia

As of May 2021, Warren Buffet’s successor Greg Abel’s age is 59 years old.

He was born in the year 1962 in Edmonton, Alberta, Canada, and holds Canadian nationality. 

An academically accomplished personality, Abel is a graduate of the University of Alberta with a degree in Accounting. Also, he is an AICPA certified public accountant.

After his graduation, he joined PricewaterhouseCoopers as a chartered accountant. Further advancing his career, Abel moved to CalEnergy in 1992 and served in the role of senior executive for fifteen years. 

CalEnergy had changed its name to MidAmerican Energy Holdings Company in 1999. He became the CEO of the company in 2008 before he was promoted to the role of chairman in 2011. 

Moreover, the company became Berkshire Hathaway Energy in 2014.

In addition to the role of an executive chairman of Berkshire Hathaway Energy, Greg was appointed as vice-chairman of Berkshire Hathway for non-insurance operations and was also appointed to Berkshire’s board of directors.

Greg Abel Net Worth And Salary

Canadian businessman Greg Abel must have racked up a sizeable net worth over the years as a part of one of the most successful companies in the U.S. 

According to Salary.com, Abel probably earns a salary of around $19,014,250 as a vice-chairman of non-insurance operations. 

On the contrary, he has not discussed his accumulated fortune or income details with the public yet. 

Who Is Greg Abel’s Wife?

Greg Abel is married to his wife Andrea Abel.

However, aside from her name, very little is known about his wife at the moment. 

Also, he shares three adult children with his wife, but their names and identities have not been revealed as of now. 

It seems Abel is not particularly keen on putting his private life on full display in front of the media and the public.