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Jan 13, 2026 4:00 PM

Buffett Refused A Raise For Decades, His Successor Is Making 250x More To Lead Berkshire Hathaway

Warren Buffett ended his multi-decade run as the CEO of Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) at the end of 2025. Things will look different for the conglomerate in 2026, including how much the CEO is paid.

Berkshire Hathaway New CEO Gets Pay Raise

New CEO Greg Abel, who takes over from Buffett after serving in leadership roles for Berkshire's energy and non-insurance businesses, has big shoes to fill.

Replacing the legendary investor known to many as the "Oracle of Omaha" will be no easy task with investors expecting more strong runs for the investing powerhouse’s stock.

Abel, in his new role, will be compensated significantly more than Buffett was as the company's CEO. Berkshire Hathaway recently announced in a filing that Abel will receive a base salary of $25 million.

Buffett was previously paid a base salary of $100,000 as Berkshire CEO. This means Abel will now makes 250 times ...