Greg Abel Completes Taylor Morrison Acquisition for Berkshire Hathaway
On July 24, Greg Abel finalized the acquisition of Taylor Morrison Home Corporation by Berkshire Hathaway at $72.50 per share, totaling approximately $8.5 billion. This marks the second company acquired under Abel's leadership as CEO since taking over from Warren Buffett in early 2026. Berkshire now owns a diverse range of companies across multiple sectors including homebuilding, insurance, energy, and industrial manufacturing. Notable subsidiaries include Taylor Morrison, Clayton Homes, GEICO, BNSF Railway, and others that provide stable cash flow through various economic cycles. Abel emphasized the strategic move to unify Berkshire's site-built homebuilding operations under a single platform. Despite high mortgage rates dampening immediate housing demand, Berkshire is positioning itself for long-term growth in the real estate sector by consolidating its presence across different stages of construction and materials supply.
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Topics: Berkshire Hathaway Greg Abel Homebuilding Taylor Morrison Home