Warren Buffett told investors on Saturday that Berkshire Hathaway had found his successor, giving more details than ever about the heir to the company he has run for 50 years.
"Both the board and I believe we now have the rig
Warren Buffett this week donated $2.8 billion of Berkshire Hathaway stock to five charities, as part of the billionaire's plan to give away nearly all of his wealth.
Buffett donated about 21.73 million Class "B" shar
Billionaire investor Warren Buffett has a double life - as a cartoon character. In his "Secret Millionaires Club," an animated series online and on television, Buffett teaches a group of kids about financial literacy and entrepreneursh
Warren Buffett sees clear signs that the global economy is slowing, although the US economy is "inching ahead" as other regions decline, the Berkshire Hathaway chief executive officer said on Wednesday.
Warren Buffett tried to allay fears of Berkshire Hathaway shareholders about the company's future a and revealed that he recently tried to make one of the biggest acquisitions of his career.
The question of who will succeed Buffett, 81
Warren Buffett said his Berkshire Hathaway has accumulated a 5.5 percent stake in IBM, the billionaire investor's biggest bet in the technology field he has historically shunned.
Buffett, in a CNBC interview on Monday, said he had bought a
Warren Buffett's conglomerate Berkshire Hathaway reported a smaller third-quarter profit on Friday after losing more than $2 billion on derivatives related to stock market performance.
That was nearly three times what Berkshire lost on the
President Barack Obama, in a rallying call to his Democratic base, will vow on Monday to veto any cuts in Medicare if Congress fails to raise taxes on corporations and wealthy Americans to curb the US deficit.
Obama's recommendations to a
Dozens of US billionaires have pledged to give at least half their fortunes to charity as part of a philanthropic campaign by two of the world's richest men -- Warren Buffett and Bill Gates.
Based on Forbes magazine's estimates of