Thursday, August 14, 2014

Berkshire Hathaway: Buffett’s share for the first time more expensive than $ 200,000 – ABC Online

Berkshire Hathaway: Buffett's share for the first time more expensive than $ 200,000 – ABC Online

Thursday, 14.08.2014, 21:55
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Star investor Warren Buffett is on the rise. On Thursday, shares his investment holding company Berkshire Hathaway first A single share certificate of the company of type Class A cost on Thursday rose to over $ 200,000.

in New York up to 201,740 dollars. Thus, the market value of the nearly 50-year-old company rose to nearly $ 330 billion – the fourth highest value in the benchmark index S & P-500. Buffett celebrates his 84th birthday on 30 August and, according to “Forbes” with a fortune of $ 65 billion currently well the third richest man on earth.



record profit of $ 6.4 billion in the spring quarter

His empire includes more than 80 companies – including about a car insurance, a railway and an ice cream maker -. well as company shares worth $ 119 billion industry experts consider the Group therefore as a microcosm of the U.S. economy alone. spring quarter, he threw a record profit of $ 6.4 billion from.

a stock split for Berkshire Class A securities has not yet announced it. They cost in October 2006 for the first time over $ 100,000. During the Berkshire shares doubled since then, putting the S &. P 500 index to 44 percent order less wealthy investors to make access possible in his company, Buffett decided in 1996 to introduce so-called Class B shares He wanted to fund a spanner in the works. make statements that are marketed as a copy of Berkshire and it reaped rich fees. The Class B shares cost $ 134 on Thursday. To obtain the same voting rights as a Class-A paper, you would have to buy 10,000 Class B title.



Coca-Cola, IBM and ExxonMobil holds

Buffett large inter alia, blocks of shares to global corporations such as Coca-Cola, IBM and ExxonMobil. Among the subsidiaries of its empire also includes insurance, a freight railway, industrial groups, the media and even a fast-food chain.

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