Andrew Carnegie, one of the world’s first billionaires, encapsulated his acquired wisdom on making money with a simple phrase: “As I grow older, I pay less attention to what men say, I just watch what they do.”

Proving that age is just a number, Berkshire Hathaway chief executive, Warren Buffett, 88, and vice-chairman, Charlie Munger, 95, answered questions for seven hours at the company’s AGM this weekend.

Everyone is looking for a quick and easy way to wealth and happiness.

Berkshire Hathaway, the conglomerate run by billionaire Warren Buffett, has reported a quarterly operating profit rise of 67%, as insurance underwriting rebounded and several business units benefited from a growing economy.

The title of novelist Edna O’Brien’s 1965 book, August Is A Wicked Month, may carry more than a little relevance for nervous investors around the world this year.

Billionaire Warren Buffett believes financial skills should be taught from an early age. Gráinne McGuinness says that given Buffett is one of the world’s most successful investors it is probably worth listening to his advice. 

This year is set to be a major one for Apple due to a variety of reasons, most notably being the 10th anniversary of the iPhone.

Some predicted a win for Trump would spook the markets but Tom Metcalf and Jack Witzig found the prospect of a businessman in the White House just helped the rich grow richer.

Donald Trump has once again made his income and wealth objects of fascination and confusion in the US 2016 presidential race, this time, by filing an updated personal financial disclosure form with the Federal Election Commission.

Warren Buffett’s Berkshire Hathaway has disclosed a stake in Apple, betting that the technology company will rebound after a slump driven by a slowdown in iPhone sales.

The legend that is Warren Buffett spread in an even wider arc around the globe at the weekend, as the iconic Berkshire-Hathaway annual general meeting streamed live on the internet for the first time.

Billionaire Warren Buffett said on Saturday that Berkshire Hathaway is poised to do well no matter who wins the White House in November, and the billionaire investor defended the performance and tactics of the conglomerate’s several large investments.

Mark Zuckerberg and his wife’s pledge to give away virtually all of their $45bn (€42.5bn) in Facebook shares, has set a new philanthropic benchmark by committing their massive fortune to charitable causes while still in their early 30s.

 

 

Berkshire Hathaway shareholders on Saturday celebrated Warren Buffett’s 50th anniversary running the conglomerate, as the billionaire expressed optimism the company would thrive over the long haul, even after he is gone.

With a merger of Kraft and Heinz expected soon, entrepreneur-led food firms are wide-eyed with optimism for the future, writes Kyran Fitzgerald.

The richest people got richer in 2014, adding $92bn (€75.6bn) to their collective fortune in the face of falling energy prices and the geopolitical turmoil incited by Russian president Vladimir Putin.

Duracell, the maker of gold and black batteries made famous by its bunny adverts, has been snapped up by billionaire US investor Warren Buffett.

Warren Buffett may be most famous for the billions of dollars he has made from investing but he is also well known as a cheerleader for the United States.

American billionaire Warren Buffett has denied Burger King relocating its headquarters to Canada as part of its takeover of coffee chain Tim Hortons is motivated by lower taxes.

VHI chief executive John O’Dwyer said that an extension of a reinsurance deal with the VHI for a further four years by Warren Buffett’s Berkshire Hathaway was "a real vote of confidence" in the insurer.

At first blush, Warren Buffett’s decision to invest nearly $1bn of his investors’ money in the VHI would go a long way to explaining his waning powers of Midas, as regards his Berkshire Hathaway investment vehicle.

Warren Buffett’s Berkshire Hathaway invests in dozens of businesses, and a new book tries to explain it all to young readers, from A to Z.

Mexican tycoon Carlos Slim remains the world’s richest man for the fourth year in a row, according to Forbes magazine.

The global food giant Heinz, which famously makes beans and tomato sauce, has been bought for $23bn (€17.2bn) by Warren Buffett’s Berkshire Hathaway and Jorge Paulo Lemann’s 3G Capital

Food giant Heinz says it has agreed to be acquired by an investment consortium including billionaire investor Warren Buffett in a deal valued at $28bn.

The net worth of the richest Americans grew by 13% in the past year to $1.7 trillion (€1.3tn), Forbes magazine said, and a familiar cast populated the top of the annual list, including Bill Gates, Warren Buffett, Larry Ellison and the Koch brothers.

Warren Buffett told shareholders in an open letter he has been diagnosed with early-stage prostate cancer.

Rick Santorum dropped out of the race for the US Republican presidential nomination, leaving the field clear for Mitt Romney as the party’s likely choice to challenge President Barack Obama.

Berkshire Hathaway is eliminating the news conference Warren Buffett and Charlie Munger traditionally held as part of the festivities around the company’s annual shareholder meeting.

Carlos Slim, the telecommunications tycoon who controls Mexico’s America Movil, is the richest person on Earth, according to the Bloomberg Billionaires Index, a brand-new daily ranking of the world’s 20 wealthiest individuals.

US President Barack Obama used his last State of the Union speech before the November election to paint himself as the champion of the middle class, by demanding higher taxes for millionaires and tight reins on Wall Street.

President Barack Obama used his annual State of the Union policy address to denounce America’s economic inequality, drawing a battle line with Republicans ahead of what is expected to be a tough fight for re-election.

Warren Buffett’s Berkshire Hathaway has increased its holding in Tesco to 5.08% of its shares from 3.21%.

SO, Europe’s financial crisis will be solved by throwing a couple of trillions at it?

Barack Obama is expected to seek a new base tax rate for the wealthy to ensure that millionaires pay at least at the same percentage as middle-income taxpayers.

Billionaire investor Warren Buffett has called for “mega-rich” Americans to pay more taxes.

New York: Billionaire Warren Buffett said he is wagering on continued economic expansion and doesn’t expect a second recession.

Billionaire investor Warren Buffett has hosted a private gathering at an Arizona resort for American billionaires who have pledged to give away at least half their wealth.

Billionaire US investor Warren Buffett has admitted he made a “big mistake” in not grilling a top executive allegedly involved in a share-trading scandal.

Billionaire Warren Buffett wants Americans to be optimistic about the country’s future but wary about borrowing money and the games public companies play with profit numbers they report.

AN anonymous donor has offered to foot the likely €300,000 bill for a little Cork girl to have lifesaving treatment in the US.

Royal Bank of Scotland has brought in a team of advisers to help sell its insurance business Direct Line after a flurry of interest from potential buyers - including American billionaire Warren Buffett, it was claimed today.

SALES at a Shannon-based medical technology firm which is favoured by one of the world’s richest men, Warren Buffett, exceeded €1 billion last year.

SETA regained winning ways and built the foundations for a return to much better company with victory under Kieren Fallon in the ladbrokes.com Charnwood Forest Fillies’ Conditions Stakes at Leicester yesterday.

Billionaire investor Warren Buffett again defended Goldman Sachs, saying faulty government regulations were to blame for most of the economic turmoil of the past few years, not investment banks.