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INDIANAPOLIS — Rookie driver Jacob Abel unveiled his livery for the 109th Indianapolis 500 on Thursday. Outside the pagoda in the fan midway at the Indianapolis Motor Speedway, the 24-year-old ...

His incoming replacement, Greg Abel, is also not the flashiest spender—though, living in Des Moines, Iowa, might help with that. Abel, 62, currently owns a nearly 10,000-square-foot residence ...

The company does not pay dividends. We see in the Oracle of Omaha's own words why, and whether future CEO Greg Abel could change this practice. (Photo by Paul Morigi / Getty Images via AFP ...

Buffett will remain as chairman and said he has no plans to sell any part of his $160 billion stake in Berkshire Hathaway, making clear that his confidence in Abel is more than symbolic.

The board approved the plan, naming Abel as Berkshire’s next CEO when Buffett steps down at the end of this year, CNBC reported Monday. Buffett will remain the company’s executive chairman.

Warren Buffett expects Greg Abel to do big things when he takes over as CEO of Berkshire Hathaway One of Warren Buffett's funniest lines at Berkshire Hathaway's annual meeting on Saturday came ...

Buffett, 94, will stay on as Berkshire’s board chair and hand the reins to Greg Abel, a move that’s long been expected given that Buffett publicly named Abel as his successor in 2021.

Berkshire Hathaway’s board voted to appoint Greg Abel as chief executive officer at the end of the year, following current CEO and Chairman Warren Buffett’s announcement to step down as CEO at ...

Greg Abel has been Buffett’s right-hand man for many years and the public heir apparent for the past five, but Buffett, in making his announcement, said he hadn’t told Abel the moment was coming.

Buffett, 94, told the company’s annual general meeting in Omaha, Neb., on Saturday that he planned to hand over the reins to Abel at year-end — a decision he reportedly discussed with only his two ...

The 94-year-old billionaire investor said he will recommend Greg Abel, currently Vice Chairman, as his successor to lead the $865 billion conglomerate. The announcement came at the conclusion of a ...