The hedge fund manager is wagering his own money this time in a bid to build another financial behemoth that could rival the life’s work of Warren Buffett.

Warren Buffett's conglomerate reported that operating earnings, which exclude some investment results, [rose to $47.4 billion in 2024](

One of the Japanese trading houses that Warren Buffett’s Berkshire Hathaway holds has agreed to invest $5.3 billion in an untapped iron-ore project in Western Australia.

The cosmetics and fragrances retailer is struggling through the inflationary environment, which is eroding its margins. It got a boost from Warren Buffett when Berkshire Hathaway bought shares in the 2024 second quarter,

Warren Buffett's Berkshire Hathaway nearly doubled its cash pile to $334 billion, sold a net $134 billion of stocks, and paid $26.8 billion to the IRS.

Berkshire has built a record $325 billion cash heap as a historically expensive stock market presents few obvious value buys.

Japanese trading-house stocks rose sharply after Warren Buffett said Berkshire Hathaway’s stakes in them would likely increase somewhat over time.

Discover how Warren Buffett amassed his $150 billion net worth, and how the Berkshire Hathaway CEO spends his fortune.

The legendary investor wrote in Saturday’s annual letter that Berkshire Hathaway will never prefer cash over “good businesses.”

Warren Buffett didn’t tip his hand in his annual letter to investors on Saturday, but it’s become apparent that he’s waiting for a big-time downturn in stocks before deploying his vast and growing cash hoard,