In his annual letter to Berkshire Hathaway shareholders, Warren Buffet admitted that he personally made a mistake that cost the company $11 billion.
Doris Buffett Puts A Personal Spin On Philanthropy
Doris Buffett isn’t quite as recognizable as her little brother, but he wouldn’t be quite as famous if it wasn’t for her. Doris Buffett, 86, is Warren Buffett’s big sister and head of the Sunshine Lady Foundation. The charitable organization…
Warren Buffett Successor Still a Mystery
Warren Buffett’s immensely successful insurance and investment company Berkshire Hathaway, Inc will surely be left in good hands after he steps down, but the mystery surrounding the successor is disquieting to its investors. Buffett sought to comfort those investors in…
Warren Buffett Backs Billion Dollar March Madness Contest
In a move apt to bring a smile to the face of every statistics geek on Earth, Warren Buffett is backing a one billion dollar payout for anyone who can perfectly pick the NCAA men’s basketball tournament. Quicken Loans is…
Emily Greenberg Buffett Marries; Bono Sings
Emily Greenbery Buffett, Warren Buffett’s granddaughter, was married on Friday evening in Omaha Nebraska. The wedding was held at Lauritzen Garden, according to Omaha.com. Almost 300 people were in attendance for the ceremony and Warren as well as his three…
Heinz Announces 600 Layoffs In US and Canada
American food company and condiment titan the H.J. Heinz Co. announced that they will be laying off 600 workers across the United States and Canada. The layoffs will include 350 workers at the company’s home base in Pittsburgh, PA. Heinz…
Warren Buffett Joins Twitter in the Best Way Possible
When you’re one of the most successful investors of all time with a net worth of well over $50 billion (one of the richest men in the world) – what’s there left to do? Join Twitter, of course, That’s what…
Warren Buffett Declares Free News Unsustainable
When Warren Buffett speaks, Wall Street listens. The 81-year-old Chairman and CEO of Berkshire Hathaway has used his keen business sense to become one of the richest men in the world. So, when Warren Buffett says that free news is…
Warren Buffett: Financial Genius [Infographic]
Ever wonder who the richest people in the world are? Carlos Smith is number one, coming in at a $69 billion net worth, followed by Bill Gates, who comes in at $61 billion worth, and then there’s Warren Buffett, who…
Warren Buffet Diagnosed With Prostate Cancer
Berkshire Hathaway Inc issued a press release to shareholder yesterday explaining that Warren Buffett has been diagnosed with stage 1 prostate cancer. The financial legend reports that he feels great and that the cancer hasn’t been found elsewhere in his…