
Berkshire Hathaway's new CEO, Greg Abel, will receive an annual cash salary of $25 million starting in 2026, a 19% increase from his 2024 pay. This significantly surpasses the $100,000 annual salary Warren Buffett earned for decades. Abel, who previously oversaw non-insurance businesses, succeeded Buffett on January 1. Buffett, now 95, remains chairman. Abel's compensation was previously set by Buffett, with his 2024 salary at $21 million.
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