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Buffett's Berkshire Hathaway Scores Huge Gains On Apple

Video Credit: Wochit - Duration: 00:35s - Published
Buffett's Berkshire Hathaway Scores Huge Gains On Apple

Buffett's Berkshire Hathaway Scores Huge Gains On Apple

Warren Buffett's investment in his Apple has easily exceeds his personal fortune.

Buffett owns investment conglomerate Berkshire Hathaway.

The company spent about $35 billion to buy 245 million Apple shares.

Those shares are now worth about $122 billion, representing a gain of more than $80 billion.

Buffett's net worth has sunk by $11 billion this year to $78 billion.

The decline reflects a drop in Berkshire's share price and his philanthropy.

Berkshire's Apple stake is worth more than four times as much as its Bank of America position, the second-largest holding in its portfolio.


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