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Greg Abel, 63, spoke at Berkshire's annual meeting in Omaha.
Greg Abel confirmed he will not break up Berkshire Hathaway and plans to maintain its conglomerate structure.
KEY POINTS
- Abel revealed MidAmerican Energy expects a 50% data center load increase in five years from AI demand.
- Greg Abel is in the process of becoming an American citizen, according to Warren Buffett.
- Berkshire Hathaway repurchased $234 million of its own shares in Q1 2024 for the first time since May 2024.
- An Oregon appeals court ruling temporarily reduced PacifiCorp's potential wildfire liability by returning the case to first base.
COMPANIES
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