The move marked the seventh time the billionaire's Berkshire Hathaway holding company has cut its stake in the lender since July
Berkshire Hathaway is the first US, non-tech company that breached the $1 trillion mark.
Berkshire Hathaway's fourth-quarter operating earnings soar by 28% to $8.481 billion, led by strong insurance gains, with a record cash pile of $167.6 billion.
Warren Buffett's unconventional $75 billion investment in Berkshire Hathaway shares over five years has significantly increased shareholder value.
Warren Buffett's journey to success, and his eye-popping net worth, is a testament to his exceptional investing prowess, disciplined approach, and lifelong commitment to learning.
Warren Buffett's conglomerate increased its ownership of Occidental this week, signaling approval of the Houston-based oil company's purchase of CrownRock.
From college dropouts to sons of wealthy families, these ten individuals launched the business empires that helped them become the world's richest people.
For two of them -- Silicon Valley Bank (SVB) and Signature Bank -- the Federal Deposit Insurance Corporation (FDIC) took the controversial decision to support their uninsured deposits, citing fears of contagion.
Bill Gates shares the wisest words he's received from his friend of three decades and it doesn't talk about business or money.
The news of BRK's purchase of TSM comes at a time the semiconductor industry had been out of favor among investors due to higher interest rates and the strong dollar.
Bill Gates is popularly known as one of the founders of tech giant Microsoft. His portfolio as an investor and businessman shows his hand at more businesses.
Peter Thiel, one of the founders of PayPal, once described Warren Buffett as the "enemy No. 1" of Bitcoin.
Many billionaires acknowledge that they have more wealth than they need. They have also decided to use the majority of their fortune for philanthropy.
Warren Buffett, with a net worth of $94.4 billion, had promised to donate 99% of his wealth to charity.
Charlie Munger said he does not want to "touch" crypto and wants to "let it pass by."
Mark Cuban commented on the current crypto crash in an interview, claiming many blockchain projects will go extinct during the current bearish market.
Elon Musk remains the world's richest person with a net worth of $204 billion.
The highest-paid CEO last year was Expedia head Peter Kern, who was awarded $296 million in total compensation.
Exceptional skill is the one thing that inflation cannot touch, Buffett says.
The legendary investor talked about Wall Street turning into a casino during Berkshire Hathaway's annual shareholder meeting.
In December, Musk called Buffett's job "incredibly boring."
Here are five of the richest people in the world and how they went from average joes to mulitbillionaires.
