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Warren Buffett. File photo credit: AP Warren Buffett is stepping down as chairman of Berkshire Hathaway after serving in the role for more than 50 years. Mr. Buffett, 96, will become chairman emeritus and will take on his new role immediately, the company said Friday (September 19, 2026). His son, Howard, will become Berkshire Hathaway’s…
Berkshire’s market value climbed by roughly 20% a year from 1965 through last year. Berkshire Hathaway Inc. became the first US company outside of the tech sector to surpass $1 trillion in market value. Shares of Warren Buffett’s conglomerate rose as much as 0.8% on Wednesday to push its market capitalization above the trillion-dollar mark…
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The friendship between Bill Gates and Warren Buffett began in 1991. Despite his busy work schedule, Microsoft co-founder Bill Gates used his meetings with Warren Buffett as an escape from work pressure, a new book, written by New York Times correspondent Anupreeta Das, revealed. In her book, titled ‘Billionaire, Nerd, Savior, King: Bill Gates and…
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Chairman Warren Buffett, left, at the Berkshire Hathaway Inc. annual shareholders’ meeting in Omaha, Nebraska, U.S., on May 3, 2024. | Photo Credit: REUTERS Billionaire investor Warren Buffett said that the Indian market has “unexplored” opportunities which his conglomerate holding company, Berkshire Hathaway, would like to explore “in the future”. Mr. Buffett’s remarks came at…
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People walk past a residential building damaged as a result of shelling in Donetsk, Russian-controlled Ukraine, on February 24, 2024, amid the ongoing Russian-Ukrainian conflict. | Photo Credit: AFP Indian ‘helper’ dies in Russian war zone Hemil Ashvinbhai Mangukiya, a 23-year-old man from Gujarat who was hired as a security helper by the Russian Army,…
Warren Buffett on February 24 moved to reassure investors that his conglomerate Berkshire Hathaway would serve them well over the long term, even as he mourned the recent passing of his longtime second-in-command Charlie Munger. In his widely-read annual letter to Berkshire shareholders, which accompanied a record $37.4 billion full-year operating profit, Mr. Buffett said…
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