Jan 11, 2021 04:19 PM IST
Just few days after the world rang in New Year, Elon Musk surpassed Amazon’s Jeff Bezos to become the world’s richest person in 2021 with a net worth of $209 billion as on January 10, according to the Bloomberg Billionaire Index. However, Forbes billionaires list still shows Musk trailing Amazon’s Bezos. As Tesla chief and billionaire entrepreneur Elon Musk takes the first position, here are the other nine richest people in the world as per Bloomberg Billionaires Index as on January 10.
- Dec 11, 2020 01:41 PM IST
There is little justification, fundamentally or technically for the sharp rise in the market. Bu two indicators, based on their history, suggest some room left before a top is made.
- Nov 24, 2020 07:53 AM IST
According to exchange filings, Berkshire Hathaway picked up pharma companies such as AbbVie Inc, Bristol-Myers Squibb Co, Merck & Co and Pfizer Inc in the third quarter of 2020
- Nov 17, 2020 11:03 AM IST
Billionaire investor’s Berkshire Hathaway put $5.7bn into four US pharma stocks in Q3
- Nov 09, 2020 01:21 PM IST
Third-quarter operating profit fell 32 percent to $5.48 billion, or about $3,488 per Class A share, from $8.07 billion a year earlier.
- Oct 29, 2020 02:41 PM IST
The need to show people that you think you're smarter than they are is one way to derail you from building solid bonds, Warren Buffett told students
- Sep 23, 2020 08:21 AM IST
We think that the Snowflake allocation is from either of his portfolio managers, Todd Combs and Ted Weschler, who each manages about $14 billion in assets. We think it is more likely Todd Combs.
- Sep 09, 2020 04:04 PM IST
Berkshire Hathaway also agreed to buy 4.04 million shares from one of Snowflake’s current shareholders in a secondary transaction
- Sep 05, 2020 10:18 AM IST
At this juncture, when the market looks highly unpredictable and the road ahead looks hazy, we can turn to the all-time greats to get cues on how to endure this volatility
- Sep 01, 2020 02:15 PM IST
The stocks having market capitalization greater than Rs 500 crore and Average Rupee Volume greater than 10,000 crores are considered to filter stocks for the list.
- Aug 31, 2020 07:57 AM IST
On Warren Buffett's 90th birthday, Berkshire Hathaway said it acquired its stakes in Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui & Co and Sumitomo Corp.
- Aug 30, 2020 09:21 PM IST
Having bought his first stock in 1941 at the age of 11, Warren Buffett has grown his portfolio massively since then
- Aug 30, 2020 01:36 PM IST
Here are the milestones in the life of Warren Buffett, hailed as the ‘Oracle of Omaha’:
- Aug 30, 2020 01:05 PM IST
The current market situation is fairly similar to what the US equity market was in 1958 when investing in the market acquired significant momentum
- Aug 25, 2020 11:59 AM IST
The USA is the largest capital market representing ~40% of world equity. Rich money flows to US-listed companies from around the globe.
- Aug 19, 2020 10:35 AM IST
Buffett’s reversing his long-felt antipathy to gold suggests that there are plenty of reasons to be fearful
- Aug 18, 2020 11:10 AM IST
It is not only our ability to predict but predicting better than the others that matters the most, says the noted investor thinker
- Aug 17, 2020 07:52 AM IST
Shares of Barrick have benefited from rising gold prices, which set a record last week, and rose 3.2 percent in after-hours trading following Berkshire’s disclosure.
- Aug 16, 2020 10:50 AM IST
A look at the key philosophies employed by the seasoned investor that can be emulated
- Aug 10, 2020 12:57 PM IST
India has m-cap to GDP ratio of 69 percent, which is near its historical values suggesting that the stock market is fairly valued beyond the top 10 stock.
- Aug 08, 2020 07:31 PM IST
Berkshire said it also took a $513 million charge on its 26.6 percent stake in Kraft Heinz Co, which on July 30 took writedowns on several of its businesses, including its Maxwell House and Oscar Mayer brands.
- Aug 05, 2020 09:46 AM IST
Part of the reason for the underperformance of actively managed funds is that very few stocks have participated in the rally in the market.
- Jul 10, 2020 09:18 PM IST
Ambani is the only Asian tycoon in the exclusive club of the world’s top 10 richest people last month, which began in 2012
- Jul 06, 2020 07:46 AM IST
The transaction announced on Sunday includes more than 7,700 miles (12,390 km) of natural gas transmission lines and 900 billion cubic feet of gas storage.
- Jul 03, 2020 08:47 PM IST
Only a few weeks after Berkshire Hathaway bought what looked like an upstanding example of German engineering prowess, a manager in Warren Buffett's widely admired corporate empire received an unsettling email. The case showed that even Buffett, one of the shrewdest investors in the world, can be hoodwinked