Page 6 - Latest Updates on Warren Buffett
Buffett-backed Snowflake's value doubles in market's largest software debut
Snowflake shares started trading at $245 apiece on Wednesday, more than double its $120 IPO price, and closed up 111% at $253.93 to value it at over $70 billion
 "Buffett-backed Snowflake's value doubles in market's largest software debut")
Go ahead and call Buffett a Snowflake as he bets on a hot tech IPO
No FOMO here: At a time when Berkshire Hathaway isn't making many other fresh bets, it's buying one of the year's hottest tech IPOs
 "Go ahead and call Buffett a Snowflake as he bets on a hot tech IPO")
Why Buffett's bet on Japan could turn on higher inflation, weakening dollar
Berkshire said late Sunday, on Buffett's 90th birthday, it owned just over 5% of each of Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui & Co Ltd and Sumitomo Corp
 "Why Buffett's bet on Japan could turn on higher inflation, weakening dollar")
Warren Buffett looks to Japan, takes 5% stakes in five trading companies
Berkshire Hathaway said it has acquired more than 5% of the shares in five large Japanese companies, marking a departure for Buffett as he looks outside the United States to bolster his conglomerate
 "Warren Buffett looks to Japan, takes 5% stakes in five trading companies")
Amazon's Jeff Bezos becomes the first person ever worth $200 billion
Musk extends an extraordinary stretch of wealth gains to become a centibillionaire
 "Amazon's Jeff Bezos becomes the first person ever worth $200 billion")
Berkshire Hathaway shows signs of appetite ahead of earnings report
Buffett's conglomerate began putting more of its $137 billion cash pile to work after a period of relative silence during the start of the pandemic
 "Berkshire Hathaway shows signs of appetite ahead of earnings report")
Elon Musk, Mukesh Ambani now richer than Warren Buffet: Check top 10 list
Tesla chief's fortune rose by $6.07 billion on Friday, following a 10.8% jump in the electric carmaker's stock, according to media reports
 "Elon Musk, Mukesh Ambani now richer than Warren Buffet: Check top 10 list")
With a fortune of $68 bn, Mukesh Ambani now richer than Warren Buffet
Shares of Ambani's conglomerate have more than doubled since a low in March as its digital unit got more than $15 billion in investments from companies including Facebook and Silver Lake
 "With a fortune of $68 bn, Mukesh Ambani now richer than Warren Buffet")
Warren Buffett donates $2.9 bn to Gates Foundation, family charities
In a statement on Wednesday, Berkshire said Buffett's 15th annual donation comprised 15.97 million Class B shares of Berkshire.
Warren Buffett's Berkshire ends deal drought with Dominion Energy bet
The agreement for Dominion Energy's natural gas pipeline and storage assets signaled to the market that Buffett is willing to pounce despite his cautious tone in May about the pandemic, an expert said
Buffett's Berkshire to buy Dominion Energy gas assets for $4 billion
Deal will let Berkshire Chairman Warren Buffett reduce his conglomerate's cash pile while letting Dominion focus on utilities operations.
 "Buffett's Berkshire to buy Dominion Energy gas assets for $4 billion")
World's richest in pics: Jeff Bezos to Mukesh Ambani, top 10 billionaires
According to the Bloomberg's Billionaires Index, daily ranking of the world's richest people, Jeff Bezos's wealth soars to record $171.6 billion
 "World's richest in pics: Jeff Bezos to Mukesh Ambani, top 10 billionaires")
Playing the markets
Most readers will have heard of Mr Buffett. Mr Portnoy is a 43-year-old, mainly famous for setting up the popular American blog, Barstool Sports
Covid-19 crisis: Warren Buffett cuts crisis-era bet on Goldman Sachs
Berkshire Hathaway sold 84 per cent of its Goldman Sachs stock in the first quarter, marking a reversal for an investor who generally holds large stakes in the banking sector.
Covid-19 makes investment mavens miss annual rite as Buffett goes online
Warren Buffett's annual event was held online this year because of the Covid-19 pandemic. Many tuned in to watch and listen, though some wished they could have been there.
Coronavirus cannot stop America or Berkshire Hathaway, says Warren Buffett
Buffett said operating earnings will, through at least this year, be "considerably less" than they would have been had the pandemic not occurred
Stock investing: Cull overleveraged companies from your portfolio
At a time when revenues have been disrupted, these are the ones that could go belly up first
 "Stock investing: Cull overleveraged companies from your portfolio")
Bill Gates steps down from Microsoft board; former AmEx CEO to replace him
Berkshire knows Chenault well, having long been American Express' largest shareholder, and ending 2019 with an 18.7% stake in the travel and financial services company.
 "Bill Gates steps down from Microsoft board; former AmEx CEO to replace him")
Cash-rich Berkshire embraces the idea of life after Warren Buffett
Last year, Buffett failed to find a major deal to deploy all that cash - a $128 billion pile by the end of 2019 - and help supercharge Berkshire's growth.
Buffett defends investments in stocks, which fueled record Berkshire profit
Berkshire also reported record net income for the year of $81.42 billion, reflecting enormous gains in its common stock holdings
