Just this month, Warren Buffett announced plans to give away more than $2.6bn (£1.7bn) of stock in his Berkshire Hathaway conglomerate to charities, in the latest round of annual gifts since he outlined plans to give away most of his wealth in 2006. But now his son has publicly questioned the trend of big-ticket giving by the rich when the “existing structure of inequality” is left unchallenged.
Like this page on Facebook for updates
Wednesday 01 April 2009
Monday 02 March 2009
Warren Buffett has told shareholders in Berkshire Hathaway, the holding company of his insurance and asset management firm, that the group has turned in its worst-ever results, adding that investors are "bloodied and confused".
Sunday 01 March 2009
Warren Buffett, the long-celebrated oracle of stock market investing, predicted yesterday that the US economy will remain in a "shambles throughout 2009" and "probably well beyond".
Friday 20 February 2009
Monday 16 February 2009
Wednesday 31 December 2008
Three cheers for the Pollyannas at Jet Republic, who either haven't realised the world is in economic turmoil or simply don't care. The private jet company – hardly the most recession-proof of sectors – has launched a Ski Card that promises to give clients "easy, hassle-free access to Europe's finest ski resorts". The only problem is their glittering new deal targets a dwindling bunch: those in the City set to pick up bonuses this year. Oops... As the joke runs, for many bankers keeping their job will be their only bonus this year.
Thursday 02 October 2008
The giant American conglomerate General Electric is selling $3bn (£1.7bn) of preferred shares to Warren Buffett's investment group Berkshire Hathaway, with another $12bn in common shares going to the public.
Wednesday 24 September 2008
Warren Buffett, the billionaire investor who foresaw the credit crisis, is investing up to $10bn in the US banking giant Goldman Sachs, in what is interpreted as a powerful signal that he sees long-term value in some battered financial companies.
Thursday 07 August 2008
Speculators focused on Marks & Spencer, the high street retailer which touched an intra-day high of 294.5p, up more than 5 per cent, or 14.5p.
Tuesday 01 July 2008
Zhao Danyang, an investment fund manager from Hong Kong, hopes he will get more than heartburn when he finishes having lunch with Warren Buffett at the famous Smith & Wollensky steakhouse in Manhattan shortly. As well as a very large bill he will need to leave with some newly gained wisdom.
Monday 30 June 2008
A Chinese fund manager has won a lunch with famed US investor Warren Buffett after bidding $2.11m (£1m) for the opportunity in a charity auction, more than three times what the lunch fetched last year.
- 1 French café starts charging extra to rude customers
- 2 Sun will 'flip upside down' within weeks, says Nasa
- 3 Australia incest case: Deformed children found in remote farming community after generations of inbreeding
- 4 Physicists discover 'clearest evidence yet' that the Universe is a hologram
- 5 Fox News presenter tells viewers it is a 'fact' that both Jesus and Santa Claus are white