Warren Buffett, known as the 'Sage of Omaha', is a US investment guru and philanthropist who serves as the chairman and CEO of Berkshire Hathaway, an Omaha, Nebraska-based investment company. He is considered one of the most successful investors in the world and has a net worth of $82.2bn (as of 2 August 2018).
Born in Nebraska in 1930, he formed Buffett Partnership Ltd in 1956 and, by 1965, he had assumed control of Berkshire Hathaway, and now helms a conglomerate with holdings in the media, insurance, energy and food and beverage sectors. The publicly traded business has stakes in Coca-Cola and American Express. Berkshire Hathaway's 52-year average annual return is 20.8%.
Invesco Perpetual's Neil Woodford has revealed he sold out of his Tesco holding after the firm's profit warning last month, just as veteran investor Warren Buffett was snapping up the stock.
Billionaire investor Warren Buffett has warned US treasuries, gilts and other bonds are among the 'most dangerous of assets' at current levels.
Billionaire investor Warren Buffett has pledged to give a chunk of his income to help pay down the US' national debt, if politicians do the same.
Billionaire investor Warren Buffett has appeared on Chinese state television signing a song as part of the country's new year celebrations.
Warren Buffett's Berkshire Hathaway has increased its stake in Tesco to 5.1% after buying on weakness last week.
A number of top fund managers took a hit on their portfolios this week as retail favourite Tesco issued a profits warning, sending its shares down 16% in a day - the largest fall since 1988.
Warren Buffett fans hoping to hear the Sage of Omaha sing to celebrate the Chinese New Year will be disappointed.
Billionaire investor Warren Buffett will sing and play guitar on Chinese state television as part of the country's new year celebrations.
Warren Buffett has provided a much needed boost to Tesco by saying he is considering upping his stake in the supermarket giant.