Money
Greg Abel's 25 Million Dollar Compensation Called Serious Underpayment by Investor
We Study Billionaires
TIP812: Mohnish Pabrai: Berkshire & Letting Winners Run w/ Mohnish Pabrai
What was said
"Greg is seriously underpaid. Ajit is seriously underpaid. Also, you have to understand Greg had a significant stake in Berkshire Hathaway Energy. And that got sold to Berkshire. So Greg's net worth, I think, is somewhere between $700 million and a billion, somewhere in that range."
Mohnish Pabrai argues that Greg Abel's $25 million annual compensation is far below market value, noting other Fortune 10 CEOs like Sundar Pichai earn over $500 million. With Abel's net worth between $700 million and $1 billion primarily from his Berkshire Hathaway Energy stake, he voluntarily invests his after-tax salary in Berkshire stock, demonstrating alignment with shareholders despite being able to command multiples elsewhere.
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- Programme
- We Study Billionaires
- Episode
- TIP812: Mohnish Pabrai: Berkshire & Letting Winners Run w/ Mohnish Pabrai
- Clip time
- 9:45
- Original source
- Watch the source segment →
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