Age, Biography and Wiki

Greg Abel (Gregory Edward Abel) was born on 1 June, 1962 in Edmonton, Alberta, Canada, is a Canadian businessman. Discover Greg Abel's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 61 years old?

Popular As Gregory Edward Abel
Occupation Chairman and CEO of Berkshire Hathaway Energy Vice-chairman of Berkshire Hathaway
Age 61 years old
Zodiac Sign Gemini
Born 1 June, 1962
Birthday 1 June
Birthplace Edmonton, Alberta, Canada
Nationality Canada

We recommend you to check the complete list of Famous People born on 1 June. He is a member of famous businessman with the age 61 years old group.

Greg Abel Height, Weight & Measurements

At 61 years old, Greg Abel height not available right now. We will update Greg Abel's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Greg Abel's Wife?

His wife is Andrea Abel

Family
Parents Not Available
Wife Andrea Abel
Sibling Not Available
Children 4

Greg Abel Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Greg Abel worth at the age of 61 years old? Greg Abel’s income source is mostly from being a successful businessman. He is from Canada. We have estimated Greg Abel's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income businessman

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Timeline

1962

Gregory Edward Abel (born June 1, 1962) is a Canadian businessman, chairman and CEO of Berkshire Hathaway Energy, and vice-chairman of non-insurance operations of Berkshire Hathaway since January 2018.

Gregory Edward Abel was born on June 1, 1962, in Edmonton, Alberta.

During his childhood Abel did odd jobs like distributing flyers and returning bottles to make money.

He also worked as a laborer for a forest product company.

He did not participate in too many extracurricular activities in school, aside from hockey and football.

1984

He earned a bachelor's degree in accounting from the University of Alberta in 1984, and is an AICPA certified public accountant.

Abel began his career working as a chartered accountant with PricewaterhouseCoopers in their San Francisco office.

1990

Abel's handling of CalEnergy’s take-over of a British utility in the 1990s is credited to mark the start of this transition.

In 2021 according to Forbes Abel's net worth was estimated at $484 million mainly thanks to his 1% stake in Berkshire Hathaway Energy.

In June 2022, he sold his 1% stake in Berkshire Hathaway Energy for $870 million.

In October 2022, it was announced that Abel purchased 168 shares of Berkshire Class A shares worth approximately $68 million.

This equates to an approximate average share purchase price of $404,761.90.

Prior to this latest purchase, Abel held five Class A shares, and 2,363 Class B shares, according to previous filings.

1992

In 1992, he joined CalEnergy, a geothermal electricity producer.

1999

In 1999, CalEnergy acquired MidAmerican Energy, adopting its name, and Berkshire Hathaway acquired a controlling interest later that year.

2008

Abel became CEO of MidAmerican in 2008, and the company was renamed Berkshire Hathaway Energy in 2014.

2018

In January 2018, Abel was named Berkshire Hathaway's vice chairman for non-insurance operations and appointed to Berkshire's board of directors.

Abel is also vice chairman of Edison Electric Institute, and a director of Associated Electric & Gas Insurance Services Limited, Kraft Heinz, Nuclear Electric Insurance Limited, the Hockey Canada Foundation, the Mid-Iowa Council Boy Scouts of America, and the American Football Coaches Foundation.

He has been on the board of trustees at Duke University and at Drake University.

In a May 2021 interview, Warren Buffett confirmed Abel as his future successor as CEO of Berkshire Hathaway.

He received a Horatio Alger award in 2018.