Warren Buffet

The Omaha, Nebraska-based firm found more value buying back its own shares, repurchasing $2.6 billion, and bought back about $700 million more in the first month-and-a-half of 2023

Billionaire investor Warren Buffett donated more than USD750 million in Berkshire Hathaway stock to the four foundations run by his family, but unlike his annual gifts to charity each summer, the recipients didn't include the Bill & Melinda Gates Foundation. Buffett has been making annual donations to the same five charities every year since 2006 when he unveiled a plan to give away his fortune over time, with the Gates Foundation receiving the biggest donations. Wednesday's donations mark the first time the 92-year-old has made a second major gift within the same year. A filing with the Securities and Exchange Commission showed Buffett gave 1.5 million Class B shares in the Omaha, Nebraska-based conglomerate he leads to the Susan Thompson Buffett Foundation, named for his first wife. He also gave 300,000 Class B shares apiece to the three foundations run by his children: the Sherwood Foundation, the Howard G. Buffett Foundation and the NoVo Foundation. In June, he gave 11 million

Warren Buffett's company again reported a loss this time only USD 2.7 billion because of a drop in the paper value of its investment portfolio in the third quarter, but most of its operating businesses performed well with the notable exception of Geico. Berkshire Hathaway reported a quarterly loss on Saturday of USD 2.7 billion, or USD 1,832 per Class A share. That's down from a USD 10.3 billion profit, or USD 6,882 per Class A share, a year ago when the stock market was soaring. In the second quarter of this year, Berkshire reported a USD44 billion loss. Buffett has long said he believes Berkshire's operating earnings are a better measure of the company's performance because they exclude investment gains and losses, which can vary widely quarter to quarter. By that measure, Berkshire's operating earnings jumped 20per cent to USD 7.76 billion, or USD 5,293.83 per Class A share. That's up from USD6.47 billion, or USD 4,330.60 per Class A share. The four analysts surveyed by FactS

In fact, Rakesh's achievement was greater than that of Mr Simons, a mathematical genius who has a team of super-bright mathematicians and physicists to develop quantitative techniques

Berkshire stepped in as the S&P 500 shed 16% in the latest quarter. The Omaha, Nebraska-based company also reported an operating profit of $9.2 bn as the insurance and railroad businesses posted gains

The Gates Foundation plans to raise its annual budget by 50% over pre-pandemic levels to about $9 billion by 2026.

Warren Buffett has cemented his legacy as one of the most expensive lunch guests of all time

BYD has upped its game over the past two years with a range of EVs and higher-technology lithium iron phosphate batteries, allowing it to grab global market share

As Bitcoin hovers in the range of $38,000-$40,000 per digital coin, billionaire Warren Buffett has said that he will not even pay $25 for all the Bitcoin in the world.

Buffett said it was "extraordinary" how much inflation had been seen in Berkshire's own businesses

Berkshire Hathaway Inc said in a filing with the Securities and Exchange Commission that it now owns nearly 121 million HP shares, giving it control of 11.5% of the company

Decline in tech stocks this week has wiped about $50 billion in wealth from Silicon Valley's richest people.

Big banks appear to be on the defensive against digital competitors, but they continue to hold the reins to large-scale credit.

Other major companies, including Citigroup Inc and Amazon.com Inc, have resisted ESG shareholder proposals

Buffett also signaled a long-term commitment to Apple Inc

Buffett, the fifth-richest person in the world, has loved few things more in his life than sweets, soda and compound interest - but banking stocks have come pretty close

Berkshire Hathaway Inc. said Saturday that it earned $26.3 billion, or $16,314 per Class A share, during the second quarter

Her death was confirmed by her grandson Alexander Buffett Rozek

The chairman of Reliance Industries, whose wealth surpassed Warren Buffett's last week, is now worth $72.4 billion, according to the Bloomberg Billionaires Index.

With RIL's market capitalisation crossing the Rs 11-trillion mark on Friday, its chairman and managing director Mukesh Ambani became the ninth-richest billionaire globally