Warren Buffett pictured before the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, NE. David A. Grogan | CNBC Berkshire Hathaway Energy has reached an agreement to acquire a 50% stake in the Cove Point liquefied natural gas facility for $3.3 billion in cash. Warren Buffett’s prominent energy and utility division purchased the stake from Dominion …
The exclusive Sun Valley ski resort in Idaho is preparing to welcome high-profile individuals from the tech, media, and business industries for Allen & Co.’s annual “summer camp for billionaires.” Private jets will line the runway of the nearby Hailey, Idaho airport, as media moguls like Disney’s Bob Iger and Meta’s Mark Zuckerberg arrive in …
An image of Warren Buffett at the Berkshire Hathaway Shopping Day, May 5, 2023. Yun Li | CNBC Renowned business tycoon Warren Buffett, known for his astute investment strategies, has showcased his whimsical side by acquiring companies that produce products he personally enjoys, such as Dairy Queen and See’s Candies. One of his recent acquisitions …
Warren Buffett, the esteemed chairman and CEO of Berkshire Hathaway, exudes happiness as he indulges in a game of bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska on May 5, 2019. Nati Harnik | AP Warren Buffett, the renowned investor, has once again made his annual donations to five different foundations, taking …
Billionaire investor Peter Thiel, known for his association with former President Donald Trump, has delivered scathing remarks about Warren Buffett, referring to him as a “sociopathic grandpa” and accusing him of being part of a “gerontocracy” that seeks to impede the progress of Bitcoin. Speaking at the annual Bitcoin conference in Miami, Thiel, who is …
In a remarkable turn of events, a Chinese company backed by Warren Buffett’s Berkshire Hathaway has surpassed Tesla in electric car sales for the first half of 2022. BYD, based in Shenzhen, tripled its production of electric vehicles in just one year and delivered 641,000 cars, outperforming Elon Musk’s company by nearly 100,000 units. Tesla, …