Warren Buffett

Hello, the hour of reckoning has arrived for the new leader of the free world, and naturally, this week, something quite dramatic would need to happen to shift the spotlight from this major event that occurs once every four years and politically, geostrategically, and economically impacts the whole world.

In 2024, it was another good year for the world’s “billionaires” club. Their combined fortune grew by $370 billion – an amount greater than the value of a banking giant like Bank of America ($308 billion).

Bill Gates created one of the world’s most successful companies and built a huge fortune in the process, but even billionaires get tired of sitting in meetings every day.

Warren Buffett's company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns — particularly the insurers — generally performed well.

Berkshire Hathaway said it lost $12.8 billion in the quarter. That's significantly bigger than the $2.8 billion loss that it reported a year ago.

Profits rebounded at Warren Buffett's conglomerate along with the value of its $353 billion stock portfolio in the second quarter to hit $35.9 billion, and Berkshire Hathaway's assorted businesses also performed well, led by strong results in its core insurance businesses, particularly Geico.

Investment tycoon Warren Buffett has said that messaging from the U.S. government over the regional banking crisis had been "poor," suggesting that is why confidence has not returned among consumers.    

An anonymous bidder has shelled out a record $19 million for a private lunch with billionaire Warren Buffet at a steakhouse in New York City.

The meal with the Berkshire Hathaway CEO was offered on an eBay auction to benefit the San-Francisco-based charity GLIDE, which helps homeless people and those in poverty. The winner can bring up to seven guests.

The billionaire finance guru Warren Buffett, who complained recently that he did not know where to put his money, said on April 30 he has invested billions of dollars so far this year, even as he took jabs at Wall Street.

Billionaire Warren Buffett says his company has benefited from some "extraordinary luck" in finding acquisitions like BNSF railroad over the decades, but he has not had much of that in recent years as Berkshire Hathaway's cash pile has grown to nearly $147 billion.

Amazon founder Jeff Bezos is once again the richest person in the world, despite his divorce last year which cost him a quarter of his stake in the tech giant.