Warren Buffett’s Berkshire Hathaway Inc. swung to a first-quarter profit, thanks in part to higher insurance investment income. Still, Berkshire’s earnings excluded its share of earnings from its 27% stake in Kraft Heinz Inc., because Kraft Heinz hasn’t yet filed its earnings with the Securities and Exchange Commission, Berkshire said in a press release. Writedowns… Continue reading Berkshire Hathaway Swings to $21.66 Billion First-Quarter Profit
Tag: Berkshire Hathaway
Buffett’s Berkshire Says Vice Chairmen Jain, Abel Each Made $18 Million in 2018
Berkshire Hathaway Inc on Friday said its newest vice chairmen, Greg Abel and Ajit Jain, were each awarded about $18 million last year, in the first detailed look at the pay of the men considered the leading candidates to succeed Warren Buffett as the conglomerate’s chief executive. Abel, 56, and Jain, 67, who became vice… Continue reading Buffett’s Berkshire Says Vice Chairmen Jain, Abel Each Made $18 Million in 2018