Greg Abel
Photo: Tankforwin, CC BY-SA 4.0, via Wikimedia Commons

Greg Abel Net Worth

Berkshire Hathaway CEO
BillionaireBusiness
Estimated net worth
$1B
Source: Forbes World's Billionaires List 2026, Forbes World's Billionaires List 2026. Updated October 20, 2026.

Greg Abel’s net worth over time

$1B: Forbes World's Billionaires List 2026 estimate, 2026$1B2026

This is the only published estimate we have found so far. More bars will appear as new estimates are published. Tap or hover a bar to see the source.

See the numbers as a table
DateEstimateSource
2026$1 billionForbes World's Billionaires List 2026

Where the money comes from

Berkshire Hathaway

These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.

Greg Abel’s fortune in real-life terms

15,287 years
for the median full-time U.S. worker to earn this much, spending nothing
4,627×
the net worth of the typical U.S. family
0.1%
of Elon Musk's fortune, the biggest on Net Worth Lookup

Based on the Forbes World's Billionaires List 2026 estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).

How do you compare to Greg Abel? New

Type your yearly income and see how you stack up. It runs in your browser: nothing you type is saved or sent anywhere.

Full comparison + share card →

Greg Abel has an estimated net worth of $1 billion, according to Forbes World's Billionaires List 2026, Greg Abel profile (figures as of Forbes World's Billionaires List 2026).

Greg Abel is a business executive best known for leading Berkshire Hathaway. The company said in 2025 that he would succeed Warren Buffett, and he took over as chief executive in January 2026. Berkshire owns dozens of businesses, including Geico, Duracell, and Dairy Queen. Before that top job, Abel had already become one of the company’s key operating leaders through his work in energy and other non-insurance businesses.

His career started in accounting after he graduated from the University of Alberta in 1984. He worked at PricewaterhouseCoopers, then joined CalEnergy in 1992. A big turning point came in 1999, when CalEnergy acquired MidAmerican Energy and Berkshire bought a controlling interest later that year. Abel became chief executive of MidAmerican in 2008. In 2014, the company was renamed Berkshire Hathaway Energy, tying his career even more closely to Berkshire.

How Greg Abel built his fortune

Most of Abel’s wealth is tied to Berkshire Hathaway and Berkshire Hathaway Energy. He rose through the energy business that became Berkshire Hathaway Energy, then moved into a wider role across Berkshire. In 2018, he became Berkshire’s vice chairman for non-insurance operations and joined the board. That put him in charge of a large group of operating companies, far beyond energy, and made him one of the most important executives inside the conglomerate.

A major money event came in 2022, when he sold his 1% stake in Berkshire Hathaway Energy back to Berkshire for $870 million pretax. Forbes also notes that he owns less than 1% of Berkshire Hathaway stock. His path stands out because he is self-made and came up through accounting and utility operations, not by founding Berkshire. Even so, his long run inside the company helped turn a management career into billionaire-level wealth.

Forbes net worth and the latest shift

Forbes estimates Greg Abel’s net worth at $1 billion on the 2026 World’s Billionaires List. That figure arrived as he stepped into Berkshire’s top role in January 2026, after the company announced in 2025 that he would succeed Buffett. The estimate is connected to his Berkshire holdings and to the proceeds from the 2022 sale of his Berkshire Hathaway Energy stake, which was one of the biggest known transactions in his finances.

His money story is different from many public company chiefs because it comes from both management rank and ownership. He built his career first at PricewaterhouseCoopers, then at CalEnergy, MidAmerican, and Berkshire Hathaway Energy. By the time he became Berkshire’s vice chairman in 2018, he was already central to the company’s non-insurance businesses. Taking the chief executive role in 2026 made that long progression official and put him at the center of Berkshire’s next chapter.

Career and money timeline

  1. 1984

    He graduated from the University of Alberta with a bachelor's degree in accounting.

  2. 1992

    He joined CalEnergy after working at PricewaterhouseCoopers.

  3. 1999

    CalEnergy acquired MidAmerican Energy, and Berkshire bought a controlling interest later that year.

  4. 2008

    He became chief executive of MidAmerican.

  5. 2018

    Berkshire named him vice chairman for non-insurance operations and added him to the board.

  6. 2022

    He sold his 1% stake in Berkshire Hathaway Energy back to Berkshire.

  7. 2026

    He became chief executive of Berkshire Hathaway in January.

Greg Abel net worth FAQ

What is Greg Abel's net worth?

Greg Abel's net worth is an estimated $1 billion, according to Forbes World's Billionaires List 2026, Greg Abel profile (Forbes World's Billionaires List 2026). It is an estimate, not an official figure.

How did Greg Abel get so rich?

The main sources named in the reporting we cite are: Berkshire Hathaway.

Is Greg Abel a billionaire?

Yes. Forbes World's Billionaires List 2026 estimates Greg Abel is worth $1 billion.

What company is most tied to Greg Abel’s wealth?

Berkshire Hathaway is the main company tied to his fortune. His wealth also reflects his long leadership role at Berkshire Hathaway Energy.

Why was 2022 important for his finances?

In 2022, he sold his 1% stake in Berkshire Hathaway Energy to Berkshire for $870 million pretax. Forbes says much of his fortune comes from that sale.

Sources

  1. Forbes World's Billionaires List 2026, Greg Abel profile (March 10, 2026)
  2. U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
  3. Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
  4. Background facts: Wikipedia, Greg Abel (accessed October 20, 2026). Used for career facts only, never for figures.

Photo: Tankforwin, CC BY-SA 4.0, via Wikimedia Commons.

Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.