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Greg Abel’s $365 Billion Test: How Berkshire’s New CEO Is Quietly Rewiring a Legend

Abel directed $23.5 billion into nine stocks and an $8.5 billion homebuilder deal, signaling a more active use of Berkshire Hathaway’s cash.

Summary by WebProNews
Warren Buffett handed over the top job at Berkshire Hathaway on New Year’s Day 2026. He left his successor a balance sheet swollen with cash. Nearly $400 billion of it. Greg Abel, the Canadian-born operator who spent years running Berkshire’s energy businesses, now decides how to spend that hoard. By the end of June the pile had shrunk. Not collapsed. Just eased down to roughly $365 billion after some stock purchases and a homebuilder acquisitio…

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Berkshire Hathaway has increased its holdings of Alphabet stock from almost zero to approximately $38 billion in less than a year. It is highly likely that Warren Buffett is leading this investment.

Berkshire Hathaway touches the $400 billion in cash and that forces Greg Abel to decide. The figure, released by Yahoo Finance, places Warren Buffett’s successor before a scenario that Buffett himself did not manage with this dimension. A $400 billion box alters the Berkshire board The Omaha-based conglomerate’s box has become an uncomfortable asset. For years, Buffett’s patience allowed to accumulate liquidity without yield just a little. Now t…

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The Motley Fool broke the news in Alexandria, United States on Sunday, August 23, 2026.
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