Berkshire Hathaway CEO Greg Abel holds nearly $400 billion in cash
2026-08-23 23:53:45
According to CoinMeta, Warren Buffett's Berkshire Hathaway CEO Greg Abel currently holds nearly $400 billion in cash. At the beginning of 2026, Warren Buffett handed over the company CEO position to Abel and gave him a generous welcome gift: nearly $400 billion in cash. However, by the end of the second quarter, this amount had dropped to about $365 billion, with some of the funds being allocated to public stocks. Abel made a significant acquisition: Taylor Morrison Homes, costing approximately $8.5 billion. Compared to his $17 billion investment in Google's parent company Alphabet, this acquisition seems relatively modest. Abel stated that in the future, he will integrate the company's housing business with the aim of helping more Americans realize their dream of owning a home. This integration plan may improve the company's financial performance, although it is not expected to bring about significant changes.
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Source:Internet
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