
For years, people had pressed hedge fund mogul Warren Buffett on who would take over Berkshire Hathaway as he geared up to step down. Rumors swirled, but 63-year-old veteran businessman Greg Abel was ultimately named his successor in 2025. The boomer billionaire has now assumed the throne of the $1 trillion company—but his journey to one of the most coveted roles in business began with working-class entrepreneurship.
Abel got his first taste of business at a young age, collecting, cleaning, and redeeming empty soda bottles for just 5 cents a piece.