Updated
Updated · CNBC · Jun 27
Berkshire CEO Greg Abel Becomes U.S. Citizen at Iowa Ceremony With 24 New Americans
Updated
Updated · CNBC · Jun 27

Berkshire CEO Greg Abel Becomes U.S. Citizen at Iowa Ceremony With 24 New Americans

3 articles · Updated · CNBC · Jun 27

Summary

  • Greg Abel was sworn in as a U.S. citizen Thursday night in Des Moines, joining roughly two dozen people from 16 countries at the Iowa Cubs’ annual naturalization ceremony.
  • The 1962-born Edmonton native has long lived in Iowa, and Warren Buffett said at Berkshire’s May annual meeting that gaining citizenship “means something to him” and would happen “very soon.”
  • Abel kept a low profile at the event despite running Berkshire Hathaway, a company worth more than $1 trillion; local coverage identified him simply as a former Canadian citizen who threw out the first pitch.
  • The ceremony was the Iowa Cubs’ 18th annual event and brought total game-day naturalizations to 533, while another 5,000 candidates have become citizens at non-game-day ballpark ceremonies over the past six years.

Insights

How will Greg Abel's new investment strategy reshape Berkshire Hathaway's trillion-dollar empire?
Does Berkshire Hathaway's potential Dow Jones entry signal the end of its iconic contrarian identity?
In an era of trillion-dollar valuations, can Buffett's definition of success as 'being loved' truly survive?