Berkshire Hathaway Hits $1 Trillion as Buffett Sells Off Assets
30 August 2024
The company Berkshire Hathaway, led by Warren Buffett, has reached a market capitalization of $1 trillion, becoming the first non-financial U.S. company outside the technology sector to achieve this milestone.
Meanwhile, Buffett sold $981 million worth of Bank of America shares and is actively reducing his portfolio, including in Apple.
The total amount of Buffett's liquid assets now stands at $278 billion.
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