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Buffett Hands Successor a Giant Cash Pile and Many Questions
Analysis May 05, 2025 at 11:17 AM
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What You Need To Know
- On Jan. 1, Buffett will hand Greg Abel the keys to a $1.2 trillion behemoth with almost $350 billion in cash.
- Abel is a dealmaker and a business leader but has no stock-picking track record.
- Shareholders will want to know how Abel will change the company’s C-suite, whether he’ll bring a different risk tolerance or industry preferences, and if the firm will remain the first call for companies in need.
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