Warren Buffett’s appointed successor has built a billion-dollar fortune in his time at Berkshire Hathaway Inc. But unlike the legendary investor — or even his friends and early backers who became spectacularly wealthy over his six-decade run — relatively little of that is tied up in company shares.
Greg Abel, 62, who’ll replace Buffett as Berkshire’s chief executive officer at the end of the year, holds about $175 million worth of stock. That makes up about 18% of his $1 billion net worth, according to the Bloomberg Billionaires Index, which is valuing his fortune for the first ...
