Warren Buffett's successor is all-in on the company: He will spend his entire after-tax salary of $15M buying Berkshire Hathaway stock.

  • Published In: Fortune.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Quiroz-Gutierrez, Marco 3 of 3

Abstract

The article focuses on Berkshire Hathaway CEO Greg Abel’s commitment to purchasing company shares using his entire after-tax salary to demonstrate alignment with shareholders following his takeover from Warren Buffett. Abel plans to invest his $15 million annual after-tax salary in Berkshire shares each year, signaling confidence in the company’s future and marking a shift from Buffett’s previous aversion to share buybacks. Berkshire Hathaway has also announced it will begin repurchasing its own shares, a strategy Buffett had historically criticized unless shares were undervalued. Experts note that Abel’s substantial cash salary and prior earnings likely provide sufficient personal financial stability despite this investment approach. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2026/03, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:192157402
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