Warren Buffett, the legendary investor, is making some big changes. He's speeding up plans to give away most of his $150 billion fortune to his kids' charities. Buffett is 95 now, and he thinks his children are ready. They're in their 60s and have plenty of experience. Buffett is also stepping down as CEO of Berkshire Hathaway. He'll hand over the reins to Gregory A...
Berkshire Hathaway is making waves with a $9. 7 billion acquisition of OxyChem, a chemical division of Occidental Petroleum. This deal might be one of the last big moves by Warren Buffett, the legendary dealmaker who has been at the helm for decades. Buffett's involvement in this deal is notable, even though he wasn't mentioned in the official press release. His clo...
Warren Buffett, the well-known investor, has done something amazing again. He gave away $6 billion worth of his company's stock to five different foundations. This is not new for him. Since 2006, he has given away about $60 billion in total to these foundations. He announced this on a Friday evening. The stocks from Berkshire Hathaway, his company, will be given out...
The business world was buzzing with news that Warren Buffett, the legendary investor, plans to step down as CEO of Berkshire Hathaway by the end of 2025. This announcement came during the company's annual shareholder meeting in Omaha, Nebraska. Buffett, now 94, has been at the helm for an astonishing 55 years, making him the longest-serving CEO in the S&P 500. Buffe...
The renowned investor Warren Buffett, CEO of the massive company Berkshire Hathaway, recently spoke out about the ongoing trade wars. He made it clear that he believes these trade disputes are a significant mistake, likening them to acts of war. Buffett emphasized that trade should be a tool for cooperation, not conflict. Buffett's comments came during the annual me...
The Berkshire Hathaway annual meeting is a significant event that has evolved dramatically over the past 60 years. The event started small, with just a handful of attendees in 1965. Today, it draws around 40, 000 people from all over the world to Omaha, Nebraska. This gathering is often referred to as the "Woodstock for Capitalists, " highlighting its importance in t...
The financial world is buzzing with news about Berkshire Hathaway. This company has been making waves, with its stock prices hitting new highs this year. The Class A and Class B shares have been soaring, even as many other stocks in the S&P 500 have been struggling. This success comes despite a tough market environment. One of the big reasons behind this success is ...
Warren Buffett, the 94-year-old CEO of Berkshire Hathaway, has been making some surprising moves. He's been selling stocks and piling up cash. As of now, Berkshire Hathaway has a whopping $334 billion in cash. This has left many people wondering what Buffett is up to. Buffett has been known for his love of stocks, but he hasn't explained why he's been selling them an...
Buffett's investment firm, Berkshire Hathaway, made some big moves in the last quarter of 2024. They sold off a huge chunk of their shares in two major US banks, Bank of America and Citigroup. This wasn't a small deal. They sold nearly three-quarters of their Citigroup shares, which were worth over 2. 4 billion dollars. This is a big change from their past investment...
Warren Buffett, the chairman of Berkshire Hathaway, has been shedding shares of Apple and Bank of America, but there are three stocks he's holding onto for the long haul. These stocks, which he calls "truly wonderful" businesses, have unique advantages that make them stand out. American Express, a long-time Buffett favorite, operates its own payment network. This me...