Berkshire Hathaway CEO Warren Buffett has decided to exclude the Bill and Melinda Gates Foundation from his will. His words are quoted Wall Street Journal.
Buffett said he decided to invest his money in a new charity that will be run by his daughter and two sons.
June 4th reportedThe price of Berkshire Hathaway holding company shares fell by 99.97% while trading on the New York Stock Exchange (NYSE) due to a technical glitch. The price of Class A securities instantly fell from $627.4 thousand to $185 on Monday, which meant an almost 100% collapse in the value of the shares. At the same time, the second class B shares fell only 1.15% in the same period, falling to $409.66.
5th of May became knownBuffett continues to sell Apple shares amid problems at the tech giant. In the first three months of 2024, the conglomerate reduced its stake in big tech by almost 13% to 790 million shares ($135.4 billion), according to Berkshire Hathaway’s quarterly report.
Warren Buffett before warned about the difficulties at Berkshire after his departure.