What will Berkshire do with $380 billion? Greg Abel speaks after taking over Warren Buffett's biggest cash
- Posted on May 2, 2026
- By Business News Today
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- 1 min read
What will Berkshire do with $380 billion? Greg Abel speaks after taking over Warren Buffett's biggest cash
Berkshire Hathaway holds a huge Rs 31.8 lakh crore in cash. This is Greg Abel's first major test as CEO. Abel stated Berkshire's operating philosophy will not change. The company's cash reserves grew despite stronger first-quarter earnings. Berkshire has not made a large deal in years. Investors watch for Abel's capital allocation decisions.