Berkshire Hathaway plans to invest about JPY 287.4 billion ($1.8 billion) in Tokio Marine Holdings, a major Japanese insurance company, through its reinsurance subsidiary National Indemnity Company. Initially, Berkshire will acquire a 2.5% stake from Tokio Marine’s treasury stock, with potential further purchases on the open market. This move highlights Berkshire’s ongoing expansion into Japan, where it has built stakes in major firms over the past six years. Both companies also intend to collaborate on reinsurance and explore acquisition opportunities. Tokio Marine’s board has set a cap on Berkshire’s stake at 9.9% without prior approval and plans a stock buyback using proceeds from this deal to offset dilution.
Larry Page's fortune surpassed $300 billion following a 3.9% rise in Alphabet shares, boosted by Warren Buffett's acknowledgment of Berkshire Hathaway's significant investment in the company. Berkshire Hathaway initially invested $4.3 billion in Alph...
Warren Buffett has decided to stop directing his annual Berkshire Hathaway donations to the Gates Foundation, citing Bill Gates' association with Jeffrey Epstein as "distasteful." Instead, Buffett is now giving his donations to four family-linked fou...
Warren Buffett is accelerating his donations of Berkshire Hathaway shares to four family foundations, aiming to give away all his shares within about eight years. He recently donated nearly $6 billion in shares, excluding the Gates Foundation, which ...
Warren Buffett, 95, is donating 9 million Berkshire Hathaway Class B shares to four family-linked foundations, excluding the Gates Foundation, which had been a major recipient for years. This shift follows concerns about the Gates Foundation's ties t...
In 2026, Berkshire Hathaway's B shares are down 1.8% year-to-date, trailing the S&P 500's 10.7% gain. A strong June helped reduce Berkshire's deficit but it still underperformed in Q2, gaining just over 3% versus the S&P's 16% tech-driven rise. Berks...
