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Warren Buffett's Successor, Greg Abel, Is Betting Big on a Virtual Monopoly That's About to Become Berkshire Hathaway's 4th-Largest Holding

Written by Sean Williams for The Motley Fool -> Billionaire Warren Buffett retired as Berkshire Hathaway's CEO on Dec. 31, officially passing the torch to his protege, Greg Abel. Berkshire is making an additional $10 billion investment in an artificial intelligence (AI) applica

Warren Buffett's Successor, Greg Abel, Is Betting Big on a Virtual Monopoly That's About to Become Berkshire Hathaway's 4th-Largest Holding
Nasdaq News โ€” 15 June 2026
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Billionaire Warren Buffett retired as Berkshire Hathaway's CEO on Dec. 31, officially passing the torch to his protege, Greg Abel.

Berkshire is making an additional $10 billion investment in an artificial intelligence (AI) applications leader.

On top of its jaw-dropping cloud growth, Berkshire's new No. 4 position holds a virtual monopoly in global internet search.

This year marks a new era for the trillion-dollar company that billionaire Warren Buffett built. The Oracle of Omaha retired as Berkshire Hathaway 's (NYSE: BRKA) (NYSE: BRKB) CEO on Dec. 31, officially passing the torch to his protรฉgรฉ, Greg Abel.

Abel has wasted little time making his presence known . According to Berkshire's first-quarter Form 13F , he completely exited 16 positions and put tech stocks back on the menu, as evidenced by his sizable investment in Google parent Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) .

Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue ยป

It took just one quarter for Abel to make clear that this isn't your grandparents' Berkshire Hathaway anymore -- and he's not done transforming Berkshire's $325 billion investment portfolio just yet.

Warren Buffett retired as Berkshire's CEO on Dec. 31, 2025. Image source: The Motley Fool.

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