Warren Buffett's successor is finally spending the huge cash pile he built at Berkshire Hathaway

Berkshire Hathaway's new CEO Greg Abel deploys cash pile with $10 billion Alphabet investment and accelerated buybacks

Under new CEO Greg Abel, Berkshire Hathaway reduced its massive cash stockpile to $364.7 billion in Q2 2026, investing $10 billion in Alphabet and repurchasing over $7.8 billion in stock since March, while reporting a 16% rise in operating earnings.