
Berkshire Hathaway lifts new CEO Greg Abel’s salary to $25 million
Key Points:
- Greg Abel has become the Chief Executive of Berkshire Hathaway as of January 1, with his annual cash salary increased to $25 million.
- Warren Buffett, the legendary investor and former CEO, has strongly endorsed Abel, expressing confidence in his ability to manage Berkshire's investments.
- Before becoming CEO, Abel was vice chairman of Berkshire's non-insurance operations, earning a $21 million salary in 2024.
- By comparison, Buffett's 2024 salary was $100,000 with additional compensation of $305,111, highlighting a significant pay difference between the two executives.




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