{
  "id": 1247673,
  "title": "Warren Buffett's Successor, Greg Abel, Put Nearly $35 Billion of Cash to Work Last Quarter. Here's What He Bought.",
  "url": "https://urgent.news/2026/08/16/warren-buffetts-successor-greg-abel-put-nearly-35-billion-of-cash-to",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-16T10:02:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/08/16/warren-buffett-greg-abel-billion-berkshire/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "In the second quarter, Greg Abel, who succeeded Warren Buffett as CEO of Berkshire Hathaway, put nearly $35 billion of cash to work. This capital deployment was a significant move for the company's investors. Abel, known for his operational approach rather than capital allocation, has been actively managing the company's substantial cash reserves. The previous year, Buffett had handed over to Abel a cash pile of approximately $369 billion, which he has been diligently putting to work.",
  "summary": "Buffett hardly saw any opportunities for Berkshire Hathaway last year. How is Abel finding them today?",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Motley Fool",
        "title": "Warren Buffett's Successor, Greg Abel, Pared Down Bank of America, and Piled Into a Virtual Monopoly That's Now Berkshire's 3rd-Largest Holding",
        "url": "https://urgent.news/2026/08/14/warren-buffetts-successor-greg-abel-pared-down-bank-of-america-and",
        "published": "2026-08-14T23:57:00.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "Warren Buffett's Successor, Greg Abel, Pared Down Bank of America, and Piled Into a Virtual Monopoly That's Now Berkshire's 3rd-Largest Holding",
        "url": "https://urgent.news/2026/08/15/warren-buffetts-successor-greg-abel-pared-down-bank-of-america-and",
        "published": "2026-08-15T00:17:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}