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 …
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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 …
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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 …
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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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Barrick Gold mining wool stone image | Getty Images Barrick Gold shares rose more than 7% in trading on Monday after legendary investor Warren Buffett’s Berkshire Hathaway revealed a stake in the gold miner. Buffett’s Berkshire Hathaway added a $ 562 million position in Barrick Gold in the second quarter, …
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