Berkshire Hathaway Inc.'s BRK.A, -0.41% stake in Amazon.com Inc. AMZN, +1.69% which Berkshire Chairman Warren Buffett described as “One of the fellows in the office ... bought some Amazon," is worth more than $900 million, according to a Wednesday filing. In a filing with the Securities and Exchange Commission, Berkshire reported owning 483,300 shares in the e-commerce and cloud-computing powerhouse, which was worth $904.3 million at Amazon's closing price of $1,871.15.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
Only about ten years too late
Take THAT Apple!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Warren Buffett's Berkshire Hathaway reveals $900 million Amazon stakeBerkshire Hathaway on Wednesday revealed the size of its previously announced stake in the e-commerce giant. Berkshire, Amazon, and JPMorgan are partners in that healthwise deal is probably the real reason.
Source: CNBC - 🏆 12. / 72 Read more »
Occidental Petroleum CEO defends premium for Berkshire Hathaway investmentOccidental Petroleum Corp Chief Executive Officer Vicki Hollub on Friday defende... MORE CORRUPTION SURELY NOT
Source: Reuters - 🏆 2. / 97 Read more »
Berkshire takes $377 million charge tied to solar company that U.S. linked to fraudWarren Buffett's Berkshire Hathaway Inc on Wednesday said a $377 million ch...
Source: Reuters - 🏆 2. / 97 Read more »
How Janice Bryant Howroyd turned a $900 loan from her mom into a billion-dollar businessShe's one of the richest self-made women in America, with a net worth at $420 million. Here's how she did it. (via CNBCMakeIt) The rags-to-riches story of self-made Kylie Jenner is much more impressive. You wouldn't believe she's black until you've read the story. And it's the hair! These stories are always completely fabricated. There is always more to the story, and more rich people behind it.
Source: CNBC - 🏆 12. / 72 Read more »
David Beckham Reportedly Buys Stake In His Company At $150 Million ValuationDavid Beckham has reportedly purchased a 1/3 stake in his company for $50 million, valuing Beckham Holdings at $150 million by MikeOzanian MikeOzanian GoldenBalls E4 East17 infoking105 MikeOzanian Got damn he aged like fine wine 😻👌🏼 MikeOzanian It’s definitely Taurus season!! I see you, Mr. Beckham!!
Source: Forbes - 🏆 394. / 53 Read more »
Salesforce owns a stake in Lyft worth almost $27 millionSalesforce just disclosed that it has an investment in ride-hailing company Lyft, which is a departure from its focus on software.
Source: CNBC - 🏆 12. / 72 Read more »
Amazon is junking potentially millions of unsold goods, including TVs and toys, in a 'destruction' zoneAmazon did not comment directly on whether it destroys unsold products, but said it partners with a number of charities in the UK.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon extends lead as top retail brand in Kantar/WPP surveyAmazon has almost doubled its brand value to $316 billion as it expands in areas...
Source: Reuters - 🏆 2. / 97 Read more »
Box Office: 'Detective Pikachu' Tops 'Avengers: Endgame' With $21 Million Friday'Detective Pikachu' scored the biggest opening day ever for a movie based on a video game. Yaaaay 1 vs the many. How odd. 🤣 China owns Hollywood?
Source: Forbes - 🏆 394. / 53 Read more »
Box Office: 'Detective Pikachu' Tops 'Avengers: Endgame' With $21 Million Friday'Detective Pikachu' scored the biggest opening day ever for a movie based on a video game.
Source: Forbes - 🏆 394. / 53 Read more »
NZ's Fonterra sells Tip Top ice cream to Froneri for $250 millionNew Zealand dairy group Fonterra on Monday confirmed the sale of its Tip Top ice...
Source: Reuters - 🏆 2. / 97 Read more »