Berkshire Hathaway has increased the annual salary of its new CEO Greg Abel to $25 million, a sharp jump from the $100,000 salary Warren Buffett chose for more than four decades while running the company, according to a Reuters report.The pay revision comes days after Buffett formally left his position at the end of December. […]
In a heartfelt farewell note to Berkshire Hathaway shareholders dated Nov. 10, Warren Buffett, the Oracle of Omaha, announced that he will no longer write his iconic annual letters or address the company’s annual meetings. The legendary investor, now 95, reflected on his journey, from his early days in Omaha to the decades he spent […]