Quick Info
| Profession | Businessman |
|---|---|
| Nationality | Canadian |
| Date of Birth | 01/06/1962 |
| Age | 63 years |
| Birthplace | Edmonton, Canada |
Latest News about Greg Abel
01/01/2026
Greg Abel officially became President and Chief Executive Officer of Berkshire Hathaway on January 1, 2026, succeeding Warren Buffett after the latter's 60-year tenure. Abel inherited world-class businesses including GEICO and BNSF Railway, along with a record $382 billion cash reserve. Warren Buffett remained as chairman and confirmed he would retain his $160 billion stake in the company, expressing confidence in Abel's management.
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Bio/Wiki
| Birth Name | Gregory Edward Abel |
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Physical Stats & More
| Height | 5' 10" (178 cm) |
|---|---|
| Eye Color | Black |
| Hair Color | Brown (semi-bald) |
Educational Qualification(s)
| Degree | Bachelor of Commerce in Accounting |
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| College/University | University of Alberta, Canada (1984) |
Personal Life
| Marital Status | Married |
|---|---|
| Wife | Andrea Abel |
Family
| Father | (worked at a firefighting equipment manufacturing company) |
|---|---|
| Mother | (homemaker, part-time legal secretary) |
| Spouse | Andrea Abel |
| Children | 4 (3 children from first marriage, a son from second marriage) |
Career
| Overview | Greg Abel is a Canadian businessman who has served as President and Chief Executive Officer of Berkshire Hathaway since January 2026, succeeding Warren Buffett. His professional journey began as a chartered accountant with PricewaterhouseCoopers in San Francisco. He transitioned to the energy sector by joining CalEnergy in 1992, which later acquired MidAmerican Energy. Abel became CEO of MidAmerican in 2008, and the company was renamed Berkshire Hathaway Energy in 2014. He was appointed Vice Chairman of Berkshire Hathaway's non-insurance operations in January 2018 before being named Buffett's successor in May 2025. |
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Some Lesser Known Facts
| 1. Grew up in a close-knit, working-class neighbourhood and was actively involved in youth sports like hockey and football. | |
| 2. Worked while studying, including filling fire extinguishers and planning sports programs, which contributed to his strong work ethic. | |
| 3. Supported youth sports initiatives and led several nonprofit and educational efforts, including the Future Leaders in Action organization. | |
| 4. Grew up in a close-knit, working-class neighbourhood in Edmonton and was actively involved in youth sports like hockey and football. | |
| 5. Worked while studying, including filling fire extinguishers, dispersing fliers, and redeeming empty soda bottles, which contributed to his strong work ethic. | |
| 6. Served as President of the Horatio Alger Association of Distinguished Americans. | |
| 7. In June 2022, sold his 1% stake in Berkshire Hathaway Energy for $870 million and subsequently purchased 168 Class A Berkshire shares worth approximately $68 million. | |
| 8. Worked while studying, including dispersing fliers, redeeming empty soda bottles, and filling fire extinguishers, which contributed to his strong work ethic. | |
| 9. Has served on numerous boards including Kraft Heinz, Edison Electric Institute, Drake University, and the Hockey Canada Foundation. | |
| 10. Known as an astute dealmaker who has overseen major Berkshire subsidiaries including Fruit of the Loom, See's Candies, and Precision Castparts. | |
| 11. Warren Buffett has praised Abel's work ethic, noting that his chosen successor works harder than he does. |