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Oracle CEO Larry Ellison ranks No. 3 and the Koch brothers jointly occupy the No. 4 spot on the list of the wealthiest Americans.
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Five years ago, Howard G. Buffett was at a meeting of an international food aid agency when he was told that feeding the millions of starving people in…
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S&P says Berkshire Hathaway has an "excellent business profile," but that its dividend income is too dependent on the insurance companies it owns. The move is not expected to have much, if any, effect on Buffett's company.
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The "oracle of Omaha" has joined Bill Gates and other like-minded billionaires in the Twitterverse. Watch for him to share his thoughts in a new way.
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Warren Buffett is one of the investors in a $23 billion bid to buy HJ Heinz Company. Lesser known is one of Buffet's partners in the acquisition. Jorge Paulo Lemann is Brazil's richest man, according to Bloomberg.
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Warren Buffett is teaming up with another big investor in the $28 billion deal. Berkshire Hathaway has been looking for places to invest, with other recent deals involving consumer icons Coca-Cola and Mars.
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Buffett's Berkshire Hathaway already owns Dairy Queen. Brazil's 3G Capital, which is part of the deal to buy Heinz, already owns Burger King.
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Forbes magazine is out with its yearly list of the 400 richest Americans. Their combined net worth increased 13 percent since last year. The top of the list contains the usual suspects: Bill Gates, Warren Buffett, Larry Ellison, the Koch brothers and the children of Wal-Mart founder Sam Walton.
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Billionaire investor Warren Buffett has pledged an additional $3 billion of Berkshire Hathaway shares to the charitable foundations run by his three children. Buffet has been giving about $64 million a year to each of his children's foundations. Now he's decided to up that amount to about $100 million a year.
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Berkshire Hathaway, owned by billionaire investor Warren Buffett, spent more than $200 million on the car company. It's the first time Berkshire has invested in an American automaker.