Business1 hour ago
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Berkshire Hathaway's Greg Abel Takes Charge of $365.5B Cash
Berkshire Hathaway's Greg Abel is now managing a substantial $365.5 billion cash reserve. Following Warren Buffett's exit, Abel's strategic deployment of funds is crucial for the company's future growth. The cash pile, which decreased from $397.4 billion in March, includes significant investments in Treasury bills, highlighting the firm's financial strategy amidst market fluctuations.
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"Looks like Greg Abel has some big shoes to fill and a hefty cash pile to manage!"
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File ID: #324912Original Source: LiveMint Companies ↗
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