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Warren Buffett Reflects on 60 Years Leading Berkshire, Highlights Record Cash Reserves

  • Warren Buffett, Chairman and CEO of Berkshire Hathaway, announced that this year’s shareholder meeting will be shorter than usual, as he now uses a cane for support due to his age.
  • Berkshire Hathaway paid $26.8 billion in corporate income tax last year, which is far more than any U.S. Company has paid, including tech giants.
  • Berkshire Hathaway holds a record cash reserve of $334.2 billion, nearly double from $167.6 billion a year earlier, after selling stocks in Apple and Bank of America.
  • Buffett urged the U.S. Government to maintain a stable dollar, emphasizing the need for wisdom in government spending.
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CWEB.com - Trending News, Business News, Shopping Deals, Videos broke the news in on Thursday, February 20, 2025.
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