Tag: Berkshire Hathaway

Ajit Jain, who runs some of Berkshire's insurance operations, plays a game of bridge during Berkshire Hathaway Shareholders annual meeting in Omaha, Nebraska.(Reuters)
Posted in Business

Berkshire Hathaway’s Ajit Jain sells more than half his stake in the company

Berkshire Hathaway Inc.’s vice chair of insurance operations, Ajit Jain, sold $139 million worth of his Class A shares in Warren Buffett’s conglomerate. Ajit Jain,…

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Elon Musk is currently the world's richest person, with a $237 billion net worth, according to the Bloomberg Billionaires Index. (Mike Segar/Reuters)
Posted in Business

Elon Musk may become world’s first trillionaire by 2027, followed by Gautam Adani in 2028: Report

Elon Musk is on the way to become the world’s first trillionaire by 2027, according to an Informa Connect Academy report, which added that his…

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Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., May 5, 2019. (Nati Harnik/AP)
Posted in Business

Warren Buffett led Berkshire Hathaway becomes first US non-tech company to cross $1 trillion market cap

Berkshire Hathaway Inc., the conglomerate led by American Businessman Warren Buffett, has made history by becoming the first U.S. non-tech company to surpass the USD…

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Berkshire Hathaway CEO Warren Buffett (R) talks to Microsoft founder Bill Gates as they play Bridge during the Berkshire Hathaway annual meeting weekend.(Reuters)
Posted in Business

Bill Gates ‘escaped’ work pressure by meeting Warren Buffett: ‘Took his private jet and…’

Aug 16, 2024 09:33 AM IST Warren Buffett would even pick Bill Gates up from the airport sometimes and the duo would have “freewheeling conversations”….

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Berkshire Hathaway Chairman and CEO Warren Buffett smiles during an interview.(AP)
Posted in Business

Warren Buffett’s Berkshire now has a record $277 billion cash pile after selling spree

Aug 15, 2024 11:28 AM IST Berkshire’s holdings in cash and cash equivalents reached a record $276.9 billion at the end of June. Warren Buffett’s…

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Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha.(AP)
Posted in Business

How Warren Buffett cut losses with record cash reserve before stock market crash

Aug 07, 2024 11:27 AM IST Berkshire Hathaway’s stock portfolio took a hit as its major holdings- Apple, Bank of America and Mitsubishi- saw sharp…

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The BYD Co. badge on an electric vehicle (Bloomberg)
Posted in Business

Warren Buffet reduces stake in Chinese EV giant BYD: Why and what’s next?

When Berkshire Hathaway Inc. offloads another chunk of BYD Co. shares — a stock it has held for more than 15 years — it will…

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Warren Buffett’s Berkshire Hathaway sells entire stake in Paytm via bulk deal
Posted in Startups

Warren Buffett’s Berkshire Hathaway sells entire stake in Paytm via bulk deal

Warren Buffet’s Berkshire Hathway sold its entire stake in Fintech major Paytm through the open market for about Rs 1,370 crore. The transaction was done…

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Warren Buffett, CEO of Berkshire Hathaway Inc.(REUTERS)
Posted in Business

Executives must be held accountable for failed banks: Warren Buffett

Berkshire Hathaway Inc.’s Warren Buffett said executives in charge of failed banks should be held accountable for mistakes that in some cases were hiding in…

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