Economy · World
Buffett's successor Greg Abel invests heavily in Berkshire Hathaway stock
Greg Abel, Warren Buffett's successor as CEO of Berkshire Hathaway, has invested significantly in the company's stock. Since taking over from Buffett, Abel has made substantial purchases, including nearly $4.8 billion of Berkshire Hathaway stock this year. He has also made significant investments in homebuilding, acquiring three major properties, though he anticipates no rapid recovery for the housing market.
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- Centre (2): Fortune, The Globe and Mail