Warren Buffett's successor is finally spending the huge cash pile he built at Berkshire Hathaway - businessinsider.com

Lauren Edmonds, Theron Mohamed

Aug 8, 2026

Warren Buffett's successor is finally spending the huge cash pile he built at Berkshire Hathaway - businessinsider.com

Warren Buffett's famous cash pile shrank last quarter as new CEO Greg Abel ramped up spending on stocks and buybacks to multi-year highs.

Greg Abel might just be a little looser with the purse strings than Warren Buffett. Abel, who succeeded Buffett as Berkshire Hathaway's CEO at the turn of this year, oversaw a drop in the conglomera… [+2269 chars]

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