What to know about Warren Buffett's expected successor, Greg Abel

Warren Buffet’s Cash Pile Exceeds $325B Berkshire Hathaway's colossal cash reserve surpassed the $300 billion mark in the third quarter. Cheddar Warren Buffett announced on May 3 that he hoped Greg Abel would replace him after he leaves his longtime job as CEO of Berkshire Hathaway. At the end of an annual shareholders meeting in Omaha, Nebraska, the 94-year-old billionaire investor said he’d be stepping down after 60 years at the helm. Buffett's conglomerate is valued at more than $