Warren Buffett's successor just spent his entire $15 million salary on Berkshire stock — and plans to do that every year
Business
Greg Abel , who succeeded Warren Buffett as Berkshire Hathaway's CEO in January, has pledged to use his entire paycheck each year to purchase Berkshire shares. Abel, whose annual salary for 2026 is $25 million , said during a CNBC interview on Thursday that he had just spent all of his after-tax pay of around $15 million on Berkshire's Class A shares. A regulatory filing confirmed that on Wednesday, Abel purchased 21 shares for around $730,000 each, for a total outlay of $15.3 million.
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