Oracle of Omaha, Warren Buffett has updated his death plan; here's what will happen to his billions of dollars after he is dead
Berkshire Hathaway CEO has recently taken to raising billions in cash piles instead of investments, which is not very common coming from him.
Buffett sold a bulk of his shares in Apple, which came as a surprise especially after the fact that this stock has been one of the biggest frontrunners at Wall Street in 2024, being the highest valued company in the world. Many are even claiming that Buffett is able to see what others are not able to., and that there are chances a stock market pinfall may be incoming.
Warren Buffett has a major knack of accurately understanding market behavior, based on his decades of experience. Therefore, his sudden shares dumping activity has raised alarms at the highest levels of Wall Street, as per reports.
Among other plans, The 94-year-old Berkshire CEO and legendary investor also paid credit to his late right-hand man, Charlie Munger, and donated more than $6 billion for charitable causes. Munger was his business partner and Berkshire's vice chairman for more than four decades, who died in November 2023.
FAQs:
Which company does Warren Buffett lead? Warren Buffett leads Berkshire Hathaway, a multinational conglomerate holding company, which has reported a standing at $325 billion in cash in the third quarter.
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