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Warren Buffett

BUSINESS
July 8, 2013 | By Shan Li
Warren Buffett, the billionaire investment guru known as the Oracle of Omaha, is donating about $2.6 billion in stocks to five charities as part of a plan to give away the bulk of his wealth before he dies. The chairman and chief executive of investment firm Berkshire Hathaway has watched his fortune soar this year as the company's stock jumped more than 25%. In March, Forbes magazine pegged his wealth at $53.5 billion. QUIZ: How much do you know about the federal budget cuts?
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BUSINESS
June 12, 2013 | By Shan Li
Warren Buffett, otherwise known as the Oracle of Omaha, tweeted for the third time ever this week to welcome Hillary Rodham Clinton, otherwise known as the former secretary of State and first lady of the U.S., to Twitter. "Hello @Hillaryclinton!," Buffett wrote. "Happy to welcome one of my favorite women in the world to twitter. #45" By Wednesday, the chief executive of Berkshire Hathaway known for savvy investments had deleted the tweet, but not before rampant speculation that the number 45 was a not-so-subtle suggestion that Clinton run for president in 2016.
BUSINESS
June 9, 2013 | By Salvador Rodriguez
A private lunch with Warren Buffett that benefits a charity was sold Friday on Ebay for $1,000,010. The anonymous bidder will be able to take seven of his or her friends with them to a steakhouse lunch in New York City for a private meal with Buffett, the billionaire investor known as the "Oracle of Omaha. " All the proceeds for the lunch will go to the Glide Foundation, a San Francisco anti-poverty nonprofit group. For the past 14 years, Buffett has participated in the "Power Lunch" auction to benefit Glide, and over that time, he has helped raise nearly $15 million for the organization.
BUSINESS
June 7, 2013 | By Ricardo Lopez
With fewer than nine hours left, an auction to have a fancy steakhouse lunch with Omaha billionaire Warren Buffett has received a top bid of $775,100 Friday. The 14th charity auction closes at 7:30 p.m. Pacific time and raises money for Glide, a San Francisco anti-poverty nonprofit. The auction got off to a strong start earlier this week , but as of Friday it's still nowhere near the record $3.5 million one anonymous winner bid last year. PHOTOS: Warren Buffett in the news Buffett, however, may see some consolation in that his companionship is at least worth more than that of Apple Inc.'s chief executive, Tim Cook.
BUSINESS
June 3, 2013 | By Ricardo Lopez
How much will lunch with the Oracle of Omaha set you back? As of Monday morning, breaking bread with Nebraska billionaire investor Warren Buffett is worth a cool $168,100 . For the 14th year in a year, an auction to partake in a fancy steakhouse lunch with Buffett is off to a strong start. The auction's proceeds go toward Glide, a San Francisco anti-poverty nonprofit organization.  PHOTOS: Warren Buffett in the news The auction will close Friday at 7:30 p.m. Pacific time.
BUSINESS
May 6, 2013 | By Jim Puzzanghera
WASHINGTON -- Billionaire investor Warren Buffett said he sees the economy slowly improving and hailed Federal Reserve Chairman Ben S. Bernanke as "gutsy" for the actions the central bank has taken to boost growth. Buffett told CNBC on Monday that he was not concerned about the financial markets' recent record highs, saying he recalled when the Dow Jones industrial average first crossed 100 points. Investors shouldn't shy away from the markets, he said. "Probably in my lifetime, and certainly in your lifetime, you will see markets that are far higher than this," Buffett told CNBC's Becky Quick.
BUSINESS
May 3, 2013 | By David Lazarus
Try as I may, I just can't figure out Twitter. This peevish sentiment was stoked by news that investment guru Warren Buffett joined the itty-bitty-blogging site on Thursday and started piling up the followers at a rate of about 1,000 per minute. He now has nearly 300,000 followers. And he's sent out, as of this writing, all of two tweets. In the first, he declared that he's now tweeting. In the second, he urged followers to read his essay on women and the economy. I can only imagine the excitement among his 300,000 followers.
BUSINESS
May 3, 2013 | By Ricardo Lopez
The annual Berkshire Hathaway shareholder meeting kicks off this weekend in Omaha, Neb. Thousands of the conglomerate's shareholders will make the sojourn to the Cornhusker State, where they are expected to discuss the company's succession plan and future capital allocation. Billionaire investor Warren Buffett, chairman and chief executive of the company, will take questions during the meeting . In an interview with Fox Business Network, Buffett said the Berkshire Hathaway board has an undisclosed list of potential successors should he die.   PHOTOS: Warren Buffett in the news “There's no one more concerned about the successor than I,” he told the network.
BUSINESS
May 3, 2013 | By Ricardo Lopez, Los Angeles Times
The Oracle of Omaha has taken to Twitter. The notoriously tech-shy billionaire launched his @WarrenBuffett handle Thursday, where he quickly garnered more than 180,000 followers. He is the second-richest person with a verified Twitter account, after tech mogul Bill Gates (@BillGates.) His first tweet: "Warren is in the house. " Twitter might be a perfect medium for Warren Buffett, who has built a reputation for a folksy approach to investing. But it's also a surprising move given that he's not exactly the most tech-savvy person on the planet.
BUSINESS
May 2, 2013 | By Ricardo Lopez
Warren Buffett, the billionaire investor, urged corporate America in an essay published online Thursday to help develop women's workplace potential, arguing  women are the key to America's economic prosperity. The essay, written for the May 20 issue of Fortune Magazine, made the economic -- and ethical -- case for expanding opportunities for women.  It comes just a few months after Sheryl Sandberg, Facebook's chief operating officer, published her book "Lean In," which pushes women to be more assertive in their careers and calls for more mentorship of female employees.
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