Warren Buffett

2022 - 8 - 30

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Image courtesy of "Livemint"

Warren Buffett birthday: Net worth, quotes, books of world's 7th ... (Livemint)

Warren Buffett has a real time net worth of $100.2 billion as of August 29 this year, and is the world's seventh richest person, according to the Forbes.

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Image courtesy of "Economic Times"

Investing legend Warren Buffett turns 92 today. Here are his top 5 ... (Economic Times)

After Buffett's initial plunge, he always kept at least 80 per cent of his net worth in equities. His favoured status throughout that period was 100 per ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Buffett in his 2022 annual letter to Berkshire shareholders said Charlie and he endured similar cash-heavy positions from time to time in the past. A host of domestic auto and banking stocks gained momentum recently even when the market was concerned about the Fed rate rate and its impact on domestic interest rates. Quality comes at a cost, and growth is good only when the return on equity is greater than the cost of capital. In the long term, quality stocks tend to outperform the market. While the markets globally were fearful of what was going to happen to Ukraine amid Russia's 'special operations' and its impact on food and energy supplies globally, Buffett made the best of the cash he held. Berkshire bought more than $51 billion worth of stocks during the period, including sizable investments in Chevron, HP and Occidental in the January-March quarter. It means everything looks fine in a bull market, while a bear market differentiates robust companies from the ones which have done accounting frauds etc. Raamdeo said he used to read one Berkshire balance sheet of the 1965-1994 period every day. The Oracle of Omaha even inspired many market gurus in India. [Berkshire Hathaway](/topic/berkshire-hathaway)has millions of followers globally. Buffett said at Berkshire AGM: Investing is not as easy as it sounds.

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Image courtesy of "India Times"

A Look Back At The Highlights From Warren Buffett's Life On The ... (India Times)

Highlights · Warren Buffett has lived in the same Omaha house since 1958 · Buffett was awarded the highest civilian honour, the Presidential Medal of Freedom ...

That incident surprised Buffett and then he decided to take a closer look at [Apple](https://www.indiatimes.com/worth/news/why-microsoft-and-apple-skip-number-nine-561800.html). [Apple ](https://www.indiatimes.com/worth/news/apple-employees-reject-hybrid-plan-by-threatening-to-quit-566085.html)investment is that he partly owes it to a friend who was devastated by leaving his iPhone in the back of a taxi. It’s got a magic to it and people have attached magics to lots of things.” He added, "If you told me you own all of the In that meeting, Buffett had also said “Whether it goes up or down in the next year, or five or 10 years, I don’t know. Due to his philanthropic donations, Buffett was chosen to receive such a prestigious award. To know in detail about this iPhone incident which led to Warren Buffett investing in Apple shares, In the spring of 1942, when he was yet to turn 12 years old Buffett reportedly purchased six shares of Cities Service Preferred (now known as CITGO) for $38 apiece. And by the time he turned 16, he had reportedly amassed the equivalent of $53,000. But this year, this annual charity lunch is believed to be the last one. Who wouldn’t want to have lunch with the great Warren Buffett? This implied that on average, Buffett made $37 million a day in 2013, which was fueled by rising stock prices, as per Wealth-X, a wealth research firm. So let’s look back at some of them on the billionaire’s birthday.

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Warren Buffett Birthday: Seven Lesser-Known Facts About The Ace ... (NDTV Profit)

Investor Warren Buffett turns 92 today, August 30. He is number five on Forbes' list of richest people in the world.

At the same time, Billionaires worldwide splurge on villas, vacation homes and other properties; Mr Buffett continues to live in the Omaha house Mr Buffett never misses his breakfast from McDonald's. He is number five on Forbes' list of richest people worldwide.

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How Warren Buffett's wealth has risen in the last decade (CNBCTV18)

Warren Buffett is possibly one of the most successful investors of all time. Often called the 'Oracle of Omaha', the business magnate is worth $100 billion ...

At the outset of the financial crisis of 2008, Buffet was one of the richest people on the planet with a net worth of $62 billion. Buffet did see a precipitous drop in net wealth in 2020, which could be attributed to the COVID-19 pandemic. Often called the ‘Oracle of Omaha’, the business magnate is worth $100 billion which makes him the seventh richest in the world.

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Image courtesy of "DNA India"

Warren Buffett Birthday: Let's look at some life changing business ... (DNA India)

Warren Buffett, also known as the greatest investor in the world, was born during the Great Depression in the year 1930, on 30 August in Omaha, Nebraska.

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வாரன் பஃபெட்டுக்கு பிறந்த நாளும், அவரைப் பற்றி ... (Asianet News Tamil)

warren buffett : இன்றுடன் 92 வயது நிறைவடைந்து, 93 வயதில் அடியெடுத்து வைத்து இருக்கும் வாரன் ...

ஸ்மார்ட்போன்கள் அறிமுகப்படுத்தப்பட்ட பிறகும் ஃபிளிப் ஃபோனைப் பயன்படுத்தி வருகிறார். அதே நேரத்தில், உலகம் முழுவதும் உள்ள பில்லியனர்கள் வில்லாக்கள், விடுமுறை இல்லங்கள் மற்றும் பிற சொத்துக்களை வாங்கி குவித்து வருகின்றனர். இந்த வீட்டை 31,500 டாலருக்கு வாங்கி இருந்தார். ஆனால், வாரன் பஃபெட், 50 ஆண்டுகளுக்கும் மேலாக, அலுவலகத்திற்குச் செல்லும் வழியில் காலை உணவை சாப்பிடுவதை வழக்கமாக கொண்டிருந்தார். பஃபெட் தனது காலை உணவை மெக்டொனால்ஸ்சில் தான் சாப்பிடுவார். பங்குச் சந்தை முதலீட்டாளர் வாரன் பஃபெட் இன்று ஆகஸ்ட் 30 அன்று 92 வயது பூர்த்தி அடைந்து 93 வயதில் அடி எடுத்து வைக்கிறார்.

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உலகின் 7வது பணக்காரருக்கு இன்று பிறந்த நாள் ... (Goodreturns Tamil)

Warren Buffett birthday: How much is his net worth? What are his best quotes?/உலகின் 7வது பணக்காரருக்கு இன்று பிறந்த ...

வாரன் பஃபெட்டின் முழுப் பெயர் வாரன் எட்வர்ட் பஃபெட். தனது 11 வயதிலேயே சம்பாதிக்க ஆரம்பித்தவர், சிறு வயதில் இருந்தே பங்கு சந்தையிலும் முதலீடு செய்ய ஆரம்பித்துள்ளார். பங்கு சந்தை குறித்து இவர் எழுதிய புத்தகங்கள், சில முக்கிய அம்சங்கள் இன்றும் முதலீட்டாளர்கள் மத்தியில் முக்கியத்துவம் வாய்ந்த ஒன்றாக உள்ளது. எனவே, வாரன் பஃபெட்டின் குழந்தைப் பருவம் ஏழ்மையிலேயே கழிந்தது. தனது 13 வயதில் வருமான வரி தாக்கல் செய்துள்ளார். வாரன் பஃபெட்டின் தந்தைக்கு அவர் குழந்தையாக இருக்கும்போது அமெரிக்காவில் ஏற்பட்ட நிதி நெருக்கடி காரணமாக வணிகம் முற்றிலும் முடங்கியுள்ளது.

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At 92, Warren Buffett flourishes on his junk food diet of colas ... (CNBCTV18)

Billionaire Warren Buffett turned 92 today. But even as he multiplies his dollars, the Oracle of Omaha simply does not care to invest in his food.

The ‘Oracle of Omaha’ has rightly pointed out that luck had a significant role to play in his success. He has expressed a dislike of broccoli and repeatedly stated that he would rather have his own diet. “If I eat 2700 calories a day, a quarter of that is Coca-Cola. Three of these cans might be for Buffett’s breakfast, in which he prefers to eat a bowl of ice cream or some potato chips. The billionaire investor is known to feast on colas, ice cream, burgers, hotdogs and an assortment of food that the world knows as junk food. Buffett’s wealth is drawn from the successful investments that he made on his own and through his holding company Berkshire Hathaway.

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Warren Buffett's birthday: 5 investment tips by billionaire business ... (Moneycontrol.com)

Warren Buffet advices investors to wait until they find an opportunity that is unlikely to cause losses rather than taking chances on stocks that they don't ...

Warren Buffett said that to be successful, investors need the right temperament rather than intelligence. Warren Buffett suggests that opportunities need to be seized and used decisively. Bids cross $30,000](https://www.moneycontrol.com/news/trends/current-affairs-trends/warren-buffett-is-auctioning-off-a-signed-portrait-bids-cross-30000-dollars-9082681.html) [Warren Buffett](https://www.moneycontrol.com/news/tags/warren-buffett.html) suggests a investment decision would be to buy “wonderful” companies with better economics position. When it rains gold, put out the bucket, not the thimble' 2 is never forget Rule No.

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Warren Buffett is turning 92 today, but he still eats like a 6-year-old (Fortune)

CEO of Berkshire Hathaway is the world's sixth richest person.

[according to Bloomberg’s Billionaires Index](https://www.bloomberg.com/billionaires/profiles/warren-e-buffett/#xj4y7vzkg). [once joked to Fortune](https://fortune.com/2015/02/25/warren-buffett-diet-coke/). “It’s a small gesture, but it means the world to me. from 20.04% to 19.92% (roughly 133 million shares). That’s less than some people were expecting, as [rumors had circulated](https://fortune.com/2022/07/13/byd-stock-price-warren-buffett-investment-sale-stake-berkshire-hathaway/) recently that Buffett was planning to drop all of its holdings in the company, which caused shares to plunge. Ironically, he credits his longevity to his diet, which sometimes includes a packet of Oreos for breakfast.

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Warren Buffett turns 92; he dreads birthdays, sees life as a snowball (Markets Insider)

The Berkshire Hathaway CEO hates getting older, but he focuses on making the most of the time he has left.

[Vinod Khosla and Warren Buffett are at opposite ends of the investing spectrum. "Yet his attitude toward it remained the same. "That's the way life works." [donating half](https://markets.businessinsider.com/news/stocks/warren-buffett-donates-berkshire-hathaway-stock-philanthropy-wealth-billionaire-taxes-2021-6-1030547813?utm_medium=ingest&utm_source=markets&utm_medium=ingest&utm_source=markets) of his Berkshire stock to good causes. The author and former insurance analyst noted that Buffett appreciated heartfelt letters and reminders of his past exploits, but he had filled an entire floor of hallways with memorabilia from his life. "The years ahead weren't endless, but with luck they could be long," Schroeder wrote.

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Image courtesy of "The Economic Times"

warren buffett birthday: Investing legend Warren Buffett turns 92 ... (The Economic Times)

After Buffett's initial plunge, he always kept at least 80 per cent of his net worth in equities. His favoured status throughout that period was 100 per ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Buffett in his 2022 annual letter to Berkshire shareholders said Charlie and he endured similar cash-heavy positions from time to time in the past. A host of domestic auto and banking stocks gained momentum recently even when the market was concerned about the Fed rate rate and its impact on domestic interest rates. Quality comes at a cost, and growth is good only when the return on equity is greater than the cost of capital. In the long term, quality stocks tend to outperform the market. While the markets globally were fearful of what was going to happen to Ukraine amid Russia's 'special operations' and its impact on food and energy supplies globally, Buffett made the best of the cash he held. Berkshire bought more than $51 billion worth of stocks during the period, including sizable investments in Chevron, HP and Occidental in the January-March quarter. It means everything looks fine in a bull market, while a bear market differentiates robust companies from the ones which have done accounting frauds etc. Raamdeo said he used to read one Berkshire balance sheet of the 1965-1994 period every day. The Oracle of Omaha even inspired many market gurus in India. [Berkshire Hathaway](/topic/berkshire-hathaway)has millions of followers globally. Buffett said at Berkshire AGM: Investing is not as easy as it sounds.

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முதலீட்டு உலகின் முடிசூடா மன்னன்! வாரன் பஃபெட் ... (tv.puthiyathalaimurai.com)

வாரன் பஃபெட்....இன்றைய தேதியில் உலகின் 7ஆவது பெரிய பணக்காரர் இவர்தான்.

உலகிலேயே மிகவும் வெற்றிகரமான முதலீட்டாளர்களில் ஒருவராக உருவெடுத்த வாரன் பஃபெட் "பெர்க்சயர் ஹாதவே" என்ற நிறுவனத்தில் அதிகமான பங்குகளைக் கொண்டுள்ளதோடு அந்த நிறுவனத்தின் தலைமை நிர்வாக அதிகாரியாகவும் உள்ளார். ஆனால் வெற்றிக்கான அந்த ரகசியத்தை பஃபெட் தன்னுடன் வைத்துக்கொள்ளவில்லை. 1930இல் அமெரிக்காவின் நெப்ராஸ்காவில் (NEBRASCA) பிறந்த வாரன் பஃபெட் மூளையை முதலாகக் கொண்டு செய்த முதலீடுகள் கோடிகளை கொட்டத் தொடங்கின. இதுவரை அவர் சுமார் 3 லட்சம் கோடி ரூபாய்க்கு மேல் சமூக சேவைக்கே கொடுத்து விட்டார். தொழில் உலகில் ஜெயிக்கும் குதிரையை அடையாளம் காணத் தெரிந்த திறமையே வாரன் பஃபெட்டை உலக கோடீஸ்வரர்களில் ஒருவராக்கியது. எந்த நிறுவனம் ஜெயிக்கும் என்பதை துல்லியமாக கணித்து அதில் தனது பணத்தை முதலீடு செய்யும் வித்தையில் சிறந்தவர் வாரன் பஃபெட்.

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Image courtesy of "The Economic Times"

warren buffett: ETMarkets Smart Talk: This Warren Buffett fan sees ... (The Economic Times)

"FIIs have done some net buying in July-August and the reasons are two-fold. The corrected valuations towards the end of June provided an attractive ...

However, in terms of companies, presently one can look at auto-ancillaries supporting the EV theme. [Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Companies associated with the manufacturing of EV vehicles could see some strong price action. Domestic themes have done well if we look at the sectors which participated in the rally from 50,000-60,000. Historically, India has traded at a premium of 30-40% compared to other emerging countries due to the growth opportunities in India. In this period, many models will be tested and re-tested. Mid & small caps generally have a high beta compared to the large caps. The global cues still exist and may have effects on Indian markets. Yes, FIIs have done some net buying in July-August and the reasons are two-fold. However, it will be difficult to wrestle away the market share from already established players. While we saw some recovery in July and August, year-to-date we are up over 2 per cent. Where do you see markets in the near term?

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Warren Buffett: 92 ఏళ్లు వచ్చినా సూపర్ ఫిట్ గా వారెన్ బఫెట్.. తినేది ... (News18 తెలుగు)

Warren Buffett who turned 92 billionaire investor is known to feast on colas ice cream burgers and hotdogs like junk food gh srd - Warren Buffett: ...

ధర వాటితో సమానమే ?](https://telugu.news18.com/photogallery/business/maruti-suzuki-electric-car-will-be-launced-in-2025-and-the-price-will-be-similar-as-petrol-diesel-version-ak-1424330.html)స్వీట్లే కాకుండా బఫెట్ ఉప్పు కూడా ఎక్కువగా తీసుకుంటారు. అన్నా అంటే కూడా పలకలే.. కుటుంబం అంటే అప్పుడు తెలిసింది! ఈ ఇన్వెస్టర్ తన సొంత రాష్ట్రమైన ఒమాహాలోని మెక్డొనాల్డ్లో ఫ్రీగా హాంబర్గర్ను తినేందుకు ఒక గోల్డ్ కార్డ్ను కూడా తీసుకున్నారు. అమెరికన్ రెస్టారెంట్ ఫ్రాంచైజ్ జానీ రాకెట్స్లో కూడా అతని వద్ద ఇలాంటి కార్డే ఉంది. లంచ్, డిన్నర్లలో ఎక్కువగా ఐస్క్రీమ్, కోక్, మెక్డొనాల్డ్స్ హాంబర్గర్ను తీసుకుంటారు.

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Be Greedy When Others Are Fearful: Warren Buffett's Top Five ... (Outlook India)

Billionaire Warren Buffett has recently turned 92, but his investing lessons are still relevant to the market and investors. Here're Buffett's 5 tips for ...

During the 2022 Berkshire Hathaway annual general meeting, Buffett said: “There have been a few times in history, and there will be more times in history, where if you don’t have it, you don’t get to play the next day. Buffett believes one could stay ahead of recession, inflation, and job-loss worries by investing in oneself and developing career skills. Buffett also stresses that ready cash is critical to “play” in the stock market. “The basic ideas of investing are to look at stocks as business, use the market's fluctuations to your advantage, and seek a margin of safety. A hundred years from now, they will still be the cornerstones of investing,” Buffett once said. Over the years, Buffett has invested in many profit-making behemoths, helping him and his clients generate record income.

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BYD plunges after Buffett trims his stake; one fund manager says it ... (CNBC)

Shares of Chinese EV maker BYD tumble after Warren Buffett says he's trimming his stake – fund manager says there's more to come.

economy and also a weaker Chinese consumption altogether brings down investors' confidence to a larger scale." "There is too much uncertainties and I think [Buffett] got a little bit nervous," she said. Berkshire sold 1.33 million shares of BYD for about $47 million — the conglomerate now owns 218.7 million shares, the filing showed. "The economy needs confidence to believe, it's now all about the confidence," Liu added. "There is room for government to help the economy and push up confidence," the fund manager said. "It will give us a big indication [on] where China's economy will go," including the direction of the government's zero-Covid policy and what measures will be taken to tackle low consumption, she said. [China's upcoming National People's Congress in October](https://www.cnbc.com/2022/08/31/china-is-set-to-convene-a-historic-meeting-on-oct-16-heres-what-to-expect.html), Liu said China has room for more government stimulus measures, and said the current package was "not enough." She said that people will be looking for clues on the government's outlook for growth "to see what's going on." [BYD](https://www.cnbc.com/quotes/1211-HK) tumbled on Wednesday after [Warren Buffett's Berkshire Hathaway trimmed its stake](https://www.cnbc.com/2022/08/30/warren-buffetts-berkshire-rings-the-register-a-bit-on-great-investment-in-chinese-ev-maker-byd-.html) in the Chinese electric car maker — and one fund manager said this could be a warning sign of more to come. When asked about what this means for the Chinese electric vehicle market, Liu said Berkshire's latest move could be "warning signs that the market may be [coming] to a big correction." "This is a common trend for investors starting to take cash from the market," Yang Liu, Atlantis Investment's chairperson and chief investment officer, told CNBC's "Street Signs Asia" on Wednesday. [filing on the Hong Kong exchange](https://di.hkex.com.hk/di/NSForm2.aspx?fn=CS20220829E00231&sa2=ns&sid=2508&sd=30/08/2021&ed=30/08/2022&sa1=cl&scsd=30/08/2021&sced=30/08/2022&sc=01211&src=Main&lang=EN&tk=ds).

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Image courtesy of "Fortune"

BYD stock plummets as investors worry Warren Buffett's share sale ... (Fortune)

Shares in Chinese electric vehicle maker dropped as much as 12% in Hong Kong on Wednesday, wiping $10 billion from the firm's valuation, after Warren ...

BYD has also gotten a strong start to the second half of the year. The head of one Hong Kong brokerage told [the Financial Times](https://www.ft.com/content/23a53509-d732-41ce-aa40-87c7a9de8f31) at the time that it was “very disturbing” to see Buffett potentially pulling the plug on his BYD investment. In July, a stake sale roughly the size of Buffett’s holdings in BYD appeared in the Hong Kong exchange’s clearing system, [prompting speculation](https://www.ft.com/content/23a53509-d732-41ce-aa40-87c7a9de8f31) that the billionaire investor was preparing to dump all his firm’s holdings in the company. BYD reported $521 million in net income in the first half of this year, a figure that was at the top end of The firm’s recent BYD stock sale amounted to only a slight reduction in its stake, shrinking Berkshire’s holdings to 19.92% of BYD’s Hong Kong shares from 20.04%, according to a Hong Kong [exchange filing](https://di.hkex.com.hk/di/NSForm2.aspx?fn=CS20220829E00231&sa2=an&sid=2508&corpn=BYD+Co.+Ltd.++-+H+Shares&sd=31%2f08%2f2021&ed=31%2f08%2f2022&cid=2&sa1=cl&scsd=31%2f08%2f2021&sced=31%2f08%2f2022&sc=1211&src=MAIN&lang=EN&g_lang=en&&module=inline&pgtype=article). [Finance](https://fortune.com/section/finance)August 28, 2022 [Finance](https://fortune.com/section/finance)August 30, 2022 [Commentary](https://fortune.com/section/commentary)August 29, 2022 In total, BYD sold 641,000 electric vehicles through June compared to Tesla’s 564,000. “BYD has done very well for [Berkshire] especially in the last three years. It’s not their style to sell just because someone says China is uninvestable,” he says. But while BYD edged out Tesla in total cars sold, Tesla still claims the crown of selling fully electric units. On Monday, BYD reported that car sales jumped 300% in the first half of this year compared to the first half of 2021. [Warren Buffett](https://fortune.com/2022/08/30/happy-birthday-warren-buffett-92-oracle-omaha-berkshire-hathaway/) reported that his firm had sold over 1 million shares in the company.

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Image courtesy of "Business Insider India"

Warren Buffett sells $47 mn worth stake in Chinese EV firm BYD (Business Insider India)

World's biggest electric car-maker BYD saw its stock nosediving by nearly 13 per cent on Wednesday after billionaire Warren Buffett's Berkshire Hathaway ...

It has already begun operations in Norway and is looking to start business in Germany, Sweden and the Netherlands. Advertisement

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Image courtesy of "Forbes"

BYD Chief Suffers Almost $2 Billion Wealth Drop After Warren ... (Forbes)

Wang Chuanfu, the cofounder and chief executive of BYD, saw his wealth tumble by $1.9 billion after Warren Buffett's Berkshire Hathaway trimmed its stake in ...

He currently holds a 17.6% stake in BYD that makes up the bulk of his of $22.2 billion fortune, according to Forbes’ The value of the rest of Berkshire Hathaway’s holding, in the meantime, has surged to $6.6 billion based on the stock’s current price. But the company may also choose to retain part of its ownership instead of dumping the entire position, as China’s EV sector could well continue to grow. Thanks to [a highly integrated business model](https://www.forbes.com/sites/ywang/2022/07/08/chinese-ev-billionaire-shrugs-off-lockdown-pain-to-add-7-billion-fortune/?sh=159df4634646), where the company produces its own batteries and other auto parts used in electric cars, it was able to shrug off lockdown pains and keep manufacturing lines across China humming. Berkshire Hathaway may choose to cut its holding in BYD by a small percentage overtime, says Dickie Wong, executive director of Hong Kong-based Kingston Securities. I contribute to Forbes, and previously I freelanced for SCMP and Nikkei. “Berkshire Hathaway’s ownership reduction doesn’t necessarily mean BYD’s value has peaked,” says Everbright Securities’s Ng. Kenny Ng, a Hong Kong-based securities strategist at Everbright Securities, says the possibility of further sales is high. Shares of BYD tanked amid speculation that more stock sales could be on the way. Berkshire Hathaway, which invested roughly $230 million to acquire 225 million BYD shares more than a decade ago, has seen the Chinese company grow to become a leader in the country’s booming electric car market. The Omaha-based investment firm gained $47 million when it sold 1.33 million shares on August 24 at an average price of HK$277 apiece, according to the filing. “Warren Buffett bought into the company when it was trading at only around HK$8 per share, ” Ng says.

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