Warren Buffett – News Stories About Warren Buffett - Page 2

Tesla Stock Rise Makes Musk the World's Richest Person

There's a New
Richest Person
in the World

Jan 7, 2021 3:33 PM CST

There's a New Richest Person in the World

Tesla CEO moves a billion past Jeff Bezos

(Newser) - The skyrocketing price of Tesla shares pushed Elon Musk's wealth past that of Jeff Bezos on Thursday, crowning a new richest person in the world. Musk is now listed as being worth $185 billion, a billion more than Amazon's Bezos, CNBC reports. It's not exactly a rags-to-riches...

Investor Makes $12B on
Biggest Software IPO Ever

the rundown

Sep 17, 2020 10:40 AM CDT

Investor Makes $12B on Biggest Software IPO Ever

Snowflake has a massive debut

(Newser) - If you're hearing the word "snowflake" a lot today, it has nothing to do with politics. Snowflake the tech company is coming off the largest software IPO in history on Wednesday, reports CNN . The company priced its shares for the initial public offering at $120, but they opened...

Billionaire Who Inspired Warren Buffett's Giving Now 'Broke'

'James Bond
of Philanthropy'
Has Gone 'Broke'

Sep 17, 2020 9:50 AM CDT

'James Bond of Philanthropy' Has Gone 'Broke'

Billionaire Chuck Feeney inspired Warren Buffett's giving

(Newser) - Chuck Feeney made billions after co-founding airport retailer Duty Free Shoppers in 1960. He's been "living a life of monklike frugality" ever since, according to Forbes , which reports the world is better for it. The "James Bond of philanthropy" has anonymously donated more than $8 billion to...

Warren Buffett
Allegedly Swindled
Out of $703M

Warren Buffett Allegedly Swindled Out of $703M

German manufacturing company has been ordered to pay it back

(Newser) - Even the chairman and CEO of Berkshire Hathaway is apparently not immune to losing millions due to fraud. A German manufacturing company allegedly swindled Warren Buffett out of more than $703 million, the Guardian reports. A unit of Berkshire Hathaway paid more than $875 million for the family-run company, Wilhelm...

Warren Buffett
Dumped All His
Airline Stocks

May 3, 2020 7:11 AM CDT

Warren Buffett Dumped All His Airline Stocks

To the tune of $4B amid pandemic fallout

(Newser) - More bad news for the airline industry: The Oracle of Omaha has jumped ship. Warren Buffett says that his Berkshire Hathaway has unloaded its airline stocks—to the tune of about $4 billion, reports CNBC . "The world has changed for the airlines," Buffett said during a much scaled-down...

No More Flip Phone: Warren Buffett Trades Up

Warren Buffett's
Flip Phone Is
'Permanently
Gone'

Feb 24, 2020 6:17 PM CST

Warren Buffett's Flip Phone Is 'Permanently Gone'

Billionaire investor now uses an iPhone11

(Newser) - After years of encouragement in the form of gift iPhones, as well as an offer from Apple's CEO to fly to Omaha to set one up for him, Warren Buffett has made the switch. He's now using the new iPhone11, CNBC reports. What did he do with his...

Someone Paid $4.5M for a Lunch With Warren Buffett

Here's Who
Paid $4.5M for
a Lunch With
Warren Buffett

UPDATED

Jun 3, 2019 1:43 PM CDT

Here's Who Paid $4.5M for a Lunch With Warren Buffett

That's a record as the 'Oracle of Omaha' continues to raise money for GLIDE

(Newser) - This is the 20th year Warren Buffett has auctioned off a "power lunch" with himself, and the winning bid set a record at more than $4.5 million. The billionaire investor started doing the auctions at a live charity event for GLIDE , a foundation that helps the homeless in...

Buffett Gives
390K a Shot at
$1M a Year for Life

Mar 20, 2019 7:13 AM CDT

Buffett Gives 390K a Shot at $1M a Year for Life

March Madness challenge limited to Berkshire Hathaway employees

(Newser) - Warren Buffett is offering $1 million a year for life in his March Madness bracket challenge—but this year, only Berkshire Hathaway's 390,000 employees are eligible. Employees will need to correctly guess which NCAA Division I teams make the Sweet 16—"assuming nobody else wins at the...

Life Advice
Tweeter Gains
Massive Audience
as 'Warren Buffet'

Aug 29, 2018 2:32 PM CDT

Life Advice Tweeter Gains Massive Audience as 'Warren Buffet'

For a few days anyway

(Newser) - Lawmakers, TV hosts, even Kanye West retweeted the advice shared by @WarrenBuffet99. "Find a mentor" and "don't spend what you don’t have" were among the tips the account offered. It's "cool" to follow your dreams and be nice to strangers, the tweets continued. They...

Move Over, Buffett. There's
a New No. 3 on Richest List

Jul 8, 2018 9:01 AM CDT

Move Over, Buffett. There's a New No. 3 on Richest List

Mark Zuckerberg had a very good day on Friday

(Newser) - Facebook shares climbed 2.4% on Friday to a record $203.23, reports Bloomberg , a performance fine enough to vault founder Mark Zuckerberg past the vaunted Oracle of Omaha on the list of the world's richest people. The surge put Zuck at a net worth of $81.6 billion,...

Trump Still a Multi-Billionaire,
but His Ranking Tumbles

Mar 6, 2018 11:51 AM CST

Trump Still a Multi-Billionaire, but His Ranking Tumbles

He falls to No. 766 in newest ranking by 'Forbes'

(Newser) - President Trump probably won't be happy to see Forbes ' 2018 ranking of the world's richest people—he has fallen from No. 544 to No. 766. The list pegs Trump's fortune at $3.1 billion, $400 million less than in 2017. Forbes notes that New York City'...

3 Corporate Giants to Go
After the 'Hungry Tapeworm'

Jan 30, 2018 8:22 AM CST

3 Corporate Giants to Go After the 'Hungry Tapeworm'

Amazon, JPMorgan, Berkshire Hathaway will team up on health care

(Newser) - "The ballooning costs of health care act as a hungry tapeworm on the American economy," says Berkshire Hathaway CEO Warren Buffett, and he has teamed up with some equally huge names in an attempt to go after said tapeworm. Amazon.com, Berkshire Hathaway, and JPMorgan Chase on Tuesday...

Warren Buffett Thinks
Bitcoin Will End Badly

Jan 11, 2018 6:50 AM CST

Warren Buffett Thinks Bitcoin Will End Badly

Cryptocurrency falls on talk of South Korea ban

(Newser) - Warren Buffett's advice on bitcoin and other cryptocurrencies can be summed up in two words: Stay away. In an interview with CNBC on Wednesday, the billionaire Berkshire Hathaway investor said that "in terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a...

Warren Buffett Just
Gave Away $3.2B

Jul 11, 2017 7:14 AM CDT

Warren Buffett Just Gave Away $3.2B

Largest chunk to go to Bill and Melinda Gates Foundation

(Newser) - Warren Buffett remains the fourth-richest person in the world, but his pockets are now significantly lighter. As part of his annual giving spree, the billionaire announced Monday he would donate $3.17 billion in Berkshire Hathaway stock to five charities. The Bill and Melinda Gates Foundation will receive the largest...

Have a Cherry Coke,
Get a Warren Buffett Smile

Apr 4, 2017 7:33 AM CDT

Have a Cherry Coke, Get a Warren Buffett Smile

Billionaire's face is being used on Cherry Coke cans in China

(Newser) - Amazon's Jeff Bezos may have knocked Warren Buffett into third place on the world's richest people list, but only one of them has been deemed worthy of gracing Cherry Coke cans in China—and it's not Bezos. For a limited time, Coca-Cola is splashing Buffett's mug...

There's Now Only One Person
Richer Than Jeff Bezos

Mar 30, 2017 4:33 AM CDT

There's Now Only One Person Richer Than Jeff Bezos

He shut down rival's firm, gained $1.5B on same day

(Newser) - Amazon.com founder Jeff Bezos made a fortune on top of his existing fortune Wednesday and finished the day as the second-richest person on the planet. His company's share price surged $9 billion after its purchase of Middle Eastern e-commerce site Souq, adding $1.5 billion to Bezos' personal...

Buffett Has Bought $12B
in Stocks Since Trump Win

Feb 1, 2017 2:29 AM CST

Buffett Has Bought $12B in Stocks Since Trump Win

He's now world's 2nd-richest man

(Newser) - Warren Buffett didn't want Donald Trump to be president—but the Berkshire Hathaway chief didn't get rich by ignoring investment opportunities. In a recent interview with Charlie Rose , the billionaire revealed that his company has invested more than $12 billion in stocks since Trump won the election, more...

Buffett to Trump: You're
Wrong About My Taxes

Oct 10, 2016 1:33 PM CDT

Buffett to Trump: You're Wrong About My Taxes

'I have paid federal income tax every year since 1944, when I was 13'

(Newser) - Donald Trump defended his avoidance of taxes during Sunday night's debate and said that many of Hillary Clinton's big donors—including Warren Buffett—used the same technique. On Monday, however, Buffett fired back that Trump doesn't know what he's talking about. "I have paid federal...

Buffett Issues
Challenge to Trump

Aug 2, 2016 1:07 AM CDT

Buffett Issues Challenge to Trump

'Have you no decency, sir?'

(Newser) - Warren Buffett has challenged Donald Trump over the candidate's refusal to release his tax returns , saying he will meet him "anytime, anyplace" and bring his own income tax return along. The Berkshire Hathaway CEO—whose fortune dwarfs that of Trump—told a Hillary Clinton rally in Omaha, Neb....

Buffett's Rare
Tech Foray Gives
Boost to Apple

May 16, 2016 1:46 PM CDT

Buffett's Rare Tech Foray Gives Boost to Apple

Turns out the Oracle of Omaha owns $1B in Apple stock

(Newser) - Apple is having a good day, its stock rising about 3% after a slump blamed on slowing iPhone sales. The reason for the uptick? Look to Warren Buffett, whose Berkshire Hathaway company shrugged off a general aversion to tech stocks and disclosed a $1.1 billion stake in Apple, reports...