Tag: Warren Buffett
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Warren Buffett’s $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low
Occidental Petroleum shares have dropped 29% since mid-April, impacting Warren Buffett's stake in the company.The decline aligns with a 23% drop in crude oil...
Meet the 15 members of the $100 billion club — who are jointly worth more than Amazon or Google
Net worth: $100 billionYTD change in wealth: +$15.7 billionSource of wealth: Adani Group stockGautam Adani is the founder and chairman of the Adani Group....
Buffett’s insurance leader Ajit Jain sells large part of Berkshire stake
By Jonathan Stempel(Reuters) - Ajit Jain, the longtime top insurance executive at Warren Buffett's Berkshire Hathaway, sold more than half of his Class A...
Berkshire Hathaway’s Jain Sells Over Half of His Class A Shares
(Bloomberg) -- Berkshire Hathaway Inc.’s vice chair of insurance operations, Ajit Jain, sold $139 million worth of his Class A shares in Warren Buffett’s...
Buffett’s Berkshire offloads $228.7 million worth BofA shares in latest sale
(Reuters) - Warren Buffett's Berkshire Hathaway has sold shares worth $228.7 million in Bank of America, as the conglomerate continues to trim its stake...