Greg Abel Invests $23 Billion into Alphabet Stock
In early 2026, Greg Abel, Berkshire Hathaway's new CEO following Warren Buffett’s retirement at year-end 2025, made a significant investment in Alphabet. He allocated approximately $23 billion to purchase additional shares of the company that now accounts for 8.8% of Berkshire's portfolio and is its fifth-largest holding. Abel initially acquired around 40 million more shares (Class A and C) during Q1 2026, adding about $13 billion in value. In June 2026, he secured a private placement for another $10 billion worth of shares. This investment reflects confidence in Alphabet's long-term growth potential driven by its cloud computing business and AI initiatives. Alphabet is positioned to benefit from the expanding global AI market, with Google Cloud being one of the top three infrastructure platforms globally. Analysts project strong revenue and earnings per share (EPS) growth for Alphabet through 2028 as it leverages advancements in artificial intelligence across its services.
Topics: Alphabet Berkshire Hathaway Greg Abel Warren Buffett