Warren Buffett grows cash pile to $347.7 billion while Berkshire Hathaway profits fall on wildfire losses

Quick Summary:

Berkshire is now sitting on $347.7 billion cash as of the end of the first quarter, up from $334.2 billion at the end of the year.

Berkshire must include the value of its investments in its bottom line numbers even though it hasn’t sold most of them.

Berkshire Hathaway owns dozens of companies, including Geico, BNSF railroad, a collection of massive utilities and an assortment of retail and manufacturing businesses including well-known brands like See's Candy.

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Article Details

Author / Journalist: Josh Funk, The Associated Press

Category: EconomyBusiness

Markets: United States

Topics: Berkshire Hathaway Warren Buffett Investing strategy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 13:59:39 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 6 lines

Sentence Length: 70 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28334962

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