GREG ABEL’S FIRST OFFICIAL ACT AS BERKSHIRE HATHAWAY’S NEW CEO? SLASHING WARREN BUFFETT’S LEGACY FOR A FAT $25 MILLION PAYDAY.
The iconic conglomerate built on frugality and principle has OFFICIALLY FALLEN. Newly unearthed SEC filings reveal that Greg Abel, the man hand-picked by Warren Buffett to safeguard Berkshire’s soul, will now earn a staggering $25 million in CASH salary for 2026. This isn’t just a raise—it’s a 19% BOOST from his already massive $21 million pay package as a vice-chairman. The message is clear: the era of principled capitalism at Berkshire is DEAD.
This salary ALONE, before a single stock award, would be the HIGHEST cash compensation for ANY S&P 500 CEO in over a decade, according to a Wall Street Journal analysis. While Buffett philosophized about his successor taking a symbolic, modest salary to “set an example,” Abel has chosen the OPPOSITE path. He has chosen GREED. Contrast this with Buffett, who for DECADES took a salary of just $100,000, famously living in the same Omaha house. Abel’s takeover signals a BRUTAL corporate normalization, a betrayal of the very values that made shareholders loyal.
Experts warn this is just the beginning. “When founders leave, companies start to do more things the way other people do them,” said London Business School professor Randall Peterson. The “Oracle of Omaha’s” unique empire is now on a slippery slope to becoming just another soulless, overpaying corporate leviathan. And with Berkshire’s stock already LAGGING the S&P 500 in Abel’s first days, shareholders are left with a horrifying question: Did we just trade a legendary steward for a glorified corporate raider in a suit?
The man entrusted with a $1 trillion empire is cashing in before he’s even proven himself, and the fabled Berkshire Hathaway you knew no longer exists.
Author: Kayitsi.com
