Warren Buffett scores $80 billion Apple gain, exceeding his net worth - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Berkshire Hathaway has scored an $80 billion gain on Apple — more than Warren Buffett's entire net worth

MORGAN STANLEY: Buy these 22 stocks that are slashing costs as sales take a hit from COVID-19 — putting them in position to smash the market as the economic recovery continuesApple shares have soared 58% this year, lifting the iPhone maker's market capitalization past the $2 trillion mark. Investors are betting the coronavirus pandemic will lead to people relying more on Apple devices and services to inform and entertain themselves and stay in touch with others.

Buffett's shrinking fortune primarily reflects a 10% slump in Berkshire's stock price this year, which has slashed the value of his 15.5% stake in the company.$2.9 billion of his Berkshire stock to philanthropic causes in July, bringing his total contributions to $37 billion over the past 14 years.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

cc stoolpresidente

He hasn't sold yet. Risk management says he needs to sell.

Lol and he didn’t buy Bitcoin

Is that the lifetime gain?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Take a look inside a historic Missouri house with nine jail cells - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This would be a great house for those in the family that refuse to quarantine. 🤣
Source: BusinessInsider - 🏆 729. / 51 Read more »

Look inside President Trump and Larry Ellison's relationship - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. what's going to happen to these corrupt deals when Trump is defeated.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Sunrun and Vivint Solar's historic $3.2 billion deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Gold shortages are here and increasing. Sandstorm Gold is going to have INCREDIBLE cash flow for next decade. $1800+ Gold spot price certainly does not hurt!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Orum House, the Bel Air mansion shaped like a propeller: photos - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Wowed by this house!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Benetti's 353-foot hybrid gigayacht 'Luminosity' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I may be mistaken but I think it's currently docked in Portofino, Italy. My offer, 1 Bitcoin
Source: BusinessInsider - 🏆 729. / 51 Read more »

Warren Buffett wanted to invent Airbnb: 'I wish I'd thought of it' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Airbnb was created out of necessity to generate rent, that was an immediate problem for the founders. Yea, I kicked myself for that, too. That, and not inventing Uber. Buffet is buying gold. Something he used to talk against. Probably because the economy is about to have its ass fall out.
Source: BusinessInsider - 🏆 729. / 51 Read more »