REUTERS / Rick Wilking Warren Buffett’s Berkshire Hathaway has reported a $ 87 billion profit on its Apple investment, a larger sum than both companies were worth 20 years ago. Apple’s market capitalization was less than $ 87 billion in March 2009, while Berkshire’s market cap in October 2000 was …
Read More »Warren Buffett advised Airbnb CEO Brian Chesky to ‘slowly get rich’. The home sharing platform has just been submitted to go public in the event of a pandemic.
Getty Images Warren Buffett advised Airbnb CEO Brian Chesky to “slowly get rich” years ago. Chesky expedited the process on Wednesday by filing a lawsuit to take his home rental business public, even though it still exists against the coronavirus pandemic. The Airbnb boss cut costs, raised $ 2 billion …
Read More »Warren Buffett’s $ 113 billion Apple stake and $ 147 billion cash stack now account for more than half of Berkshire Hathaway’s total market value
REUTERS / Rebecca Cook Warren Buffett’s Berkshire Hathaway has Apple shares and cash worth 52% of its total market capitalization. The billionaire investor company had $ 113 billion in Apple stock and $ 147 billion in cash at the last count, representing more than half of its $ 499 billion …
Read More »Warren Buffett’s strike at Apple approaches a quarter of Berkshire Hathaway’s total market value
Warren Buffett’s $ 113 billion stake in Apple approaches a quarter of its investment firm Berkshire Hathaway’s full market value, according to Business Insider. Apple and cash add up to Berkshire Hathaway’s $ 147 billion in cash, and more than half of the company’s market value. Berkshire Hathaway held about …
Read More »Saudi Arabia Wealth Fund sells 50% of its stake in Warren Buffett’s Berkshire Hathaway
Reuters / Rick Wilking Saudi Arabia’s Saudi wealth fund held its position in Warren Buffett’s Berkshire Hathaway in the second quarter of this year, an SEC filing revealed last Friday. The Royal Public Investment Fund has released 210,222 shares in Berkshire, giving it about $ 40 million of its previous …
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