Flash News

BERKSHIRE CEO GREG ABEL HOLDS NEARLY $400 BILLION IN CASH

Birkheshire Hazawe CEO Greg Abel currently holds nearly $400 billion in cash. In early 2026, Warren Buffett handed over the company's CEO position to Abel and gave him a generous welcome gift: nearly $400 billion in cash. By the end of the second quarter, however, this figure had dropped to approximately $36.5 billion, with some funds allocated to public equities. Abel carried out a remarkable acquisition: Taylor Morrison's house, at a cost of about $8.5 billion. This acquisition was relatively modest compared to its $17 billion investment in the Google parent company Alphabet. Abel indicated that the future would integrate the company ' s housing operations with a view to providing more Americans with the dream of home ownership. This integration plan may improve the financial performance of the company, although it will not bring about significant changes。

OKX - Unlock Rewards