By Admin 
Berkshire Hathaway CEO Change: Warren Buffett, one of the world’s most famous investors, has said goodbye to his CEO responsibilities at Berkshire Hathaway after a long tenure. On December 31, 2025, he retired from the post of CEO of the company. After which Greg Abel has taken charge of Berkshire Hathaway from January 1, 2026.
However, Buffett has not completely separated from the company. He will remain active in the company in the role of chairman. This change is considered to be the biggest change in top leadership in the history of Berkshire after more than 60 years.
Greg Abel got the responsibility
Greg Abel was handling non-insurance business in the company as Vice Chairman for the last 8 years. He has long been considered Buffett’s successor. According to a report published in Reuters, after becoming CEO, Greg’s annual salary has been increased to $25 million.
Which is many times more than Warren Buffett’s annual salary of 1 lakh dollars. The interesting thing is that Buffett ran the company on this salary for more than 40 years.
How Greg Abel’s salary increased after 2022
There has been a continuous increase in the salary of Greg Abel from the year 2022. In 2022, he received a salary of $16 million. Along with this, a bonus of 30 lakh dollars was also given. After this, his annual salary increased to $20 million in 2023.
In 2024, the company further increased his salary to $21 million. A similar salary structure was approved by Warren Buffett for Ajit Jain also. Who handles the insurance business of Berkshire. However, no official information has been revealed yet regarding the salary of Greg Abel and Ajit Jain for 2025.
Berkshire Hathaway’s vast empire
Warren Buffett managed Omaha-based Berkshire Hathaway for more than 60 years. Today the company has turned into a business conglomerate valued at more than $1 trillion. Today, about 200 companies come under Berkshire. Which is working in many sectors like insurance, railways, energy, manufacturing and retail.
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