Berkshire Hathaway Inc. CEO Warren Buffett told the company's shareholders in a letter on Saturday that they can rest assured that a substantial majority of their money will "forever [be] deployed" in equities. He stressed that Berkshire will "never" prefer to own cash-equivalent assets over "good...
Berkshire Hathaway Inc. CEO Warren Buffett revealed on Saturday in his letter to the company's shareholders that in 2024, Berkshire paid the United States Internal Revenue Service (IRS) a total of $26.8 billion in taxes."That's about 5% of what all of corporate America paid. (In addition, we paid...
Berkshire Hathaway Inc. announced on Saturday that its revenue in 2024 stood at $371.4 billion, up roughly 1.9% compared to the same timeframe in 2023.In the 12 months ending December 31, 2024, net earnings attributable to Berkshire shareholders slid 7.5% on an annual basis to $89 billion. Net...
Berkshire Hathaway Inc.'s CEO, Warren Buffett, said on Monday that he is donating another $1.1 billion in his company's stock to four family foundations.In line with his pledge to give away 99% of his fortune instead of leaving it as an inheritance to his three children, Buffett stated he will...
Berkshire Hathaway Inc.'s revenues for the third quarter of 2024 landed at $92.9 billion, down compared to the $93.2 billion gain reported in the same three-month period of 2023.
The company's quarterly operating profit fell by 6% year-on-year to reach $10.1 billion. However, its net profit for the...
Berkshire Hathaway Inc. CEO Warren Buffett told CNBC in a statement revealed on Wednesday that he is worried about individuals impersonating him with the goal of getting people to invest or vote a certain way."Nobody should believe anybody saying I'm telling them how to invest or how to vote. I...
Berkshire Hathaway Inc. sold over 9.5 million Bank of America Corp. shares this week, reducing its stake in the bank to 9.987%, according to a filing with the United States Securities and Exchange Commission. Berkshire Hathaway still holds some 775 million shares in BoA, worth $31 billion.With its...
Berkshire Hathaway Inc. sold Bank of America Corp. shares worth a total of $845 million, a filing showed. Warren Buffet's company sold around 21.1 million shares between August 28 and 30.
Previously, Berkshire offloaded some 52.8 million BoA shares worth a total of $2.3 billion in July and around...
Berkshire Hathaway Inc.'s market capitalization surpassed $1 trillion, the Companies Market Cap website's list showed on Wednesday.The news came shortly after it was announced that the conglomerate's Chairman and Chief Executive Officer (CEO) Warren Buffett sold $982 million in stock he had in...
Berkshire Hathaway has divested all its holdings in Paramount Global and Snowflake. Additionally, the conglomerate has reduced its stake in T-Mobile by 10.9%, leaving it with 4.7 million shares, according to filings released on Wednesday by the US Securities and Exchange Commission (SEC).
On the...
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