Warren Buffett
Mark Zuckerberg Becomes Third-richest in the World with Net Worth of $81.6 billion
Facebook Inc. co-founder Mark Zuckerberg has overtaken Warren Buffett as the world's third-richest person, further solidifying technology as the most robust creator of wealth.
Warren Buffett Almost Invested $ 3 billion in Uber
Investor Warren Buffett was in a hurry to invest the $ 3 billion colossal amount in Uber, but the negotiations on the deal failed.
Buffett himself confirmed to CNBC that earlier this year he was discussing the investment with the Uber CEO Dara Kosroushahi, who was in the process of rebranding the company.
- Read more about Warren Buffett Almost Invested $ 3 billion in Uber
- Log in to post comments
Buffett owns 5 percent of Apple
Warren Buffett said he would be happy if his conglomerate Berkshire Hathaway Inc. owned more than 5 percent of Apple Inc.'s stock, including if the iPhone maker bought back more of its shares.
- Read more about Buffett owns 5 percent of Apple
- Log in to post comments
Exin asks for new deadline on Ethniki
Preferred bidder Exin has asked for another deadline extension, until February 21, in order to consolidate the stakeholder lineup that will finance the acquisition of 75 percent of Ethniki Insurance.
- Read more about Exin asks for new deadline on Ethniki
- Log in to post comments
Exin rushes into getting partners to buy Ethniki
Exin Financial Group has been given 10 days to submit to the Bank of Greece all the information required for the acquisition of Ethniki Insurance, while also having to answer the crucial question of the buyer's composition.
- Read more about Exin rushes into getting partners to buy Ethniki
- Log in to post comments
Ethniki Insurance deal to be funded by giants?
Exin Financial Group has pledged that by end-January it will have submitted the details of the funding needed to acquire Ethniki Insurance. So far the group is said to have informed the monitoring authorities and National Bank of Greece that Pimco and Berkshire Hathaway will participate in the deal's financing.
- Read more about Ethniki Insurance deal to be funded by giants?
- Log in to post comments
Warren Buffett becomes top shareholder in Bank of America
American billionaire Warren Buffett's Berkshire Hathaway group has officially become the top shareholder in Bank of America after exercising its right to buy 700 million shares at a discount.
Buffett had received the warrants in 2011 after investing $5 billion in the bank, which was suffering at the time from the fallout from the global financial crisis.
Warren Buffett Donated USD 3.17 Billion to Charity
USD 3.17 billion for charity. That is the sum billionaire Warren Buffett donated to charity. The enormous donation was given to 5 family charities, including the Bill and Melinda Gates Foundation.
- Read more about Warren Buffett Donated USD 3.17 Billion to Charity
- Log in to post comments
Warren Buffett bets on Apple and US airlines, dumps Walmart
Investor Warren Buffett's holding company Berkshire Hathaway significantly slashed its Walmart stock last quarter, opting to invest billions in airlines and technology instead.
Berkshire Hathaway to buy Precision Castparts for $37 billion
Warren Buffett's Berkshire Hathaway will buy Precision Castparts, a leading metal products supplier to the aerospace industry, for $37.2 billion, the companies said on Aug. 10 in a joint statement.