The hedge fund manager is wagering his own money this time in a bid to build another financial behemoth that could rival the life’s work of Warren Buffett.

One of the Japanese trading houses that Warren Buffett’s Berkshire Hathaway holds has agreed to invest $5.3 billion in an untapped iron-ore project in Western Australia.

The cosmetics and fragrances retailer is struggling through the inflationary environment, which is eroding its margins. It got a boost from Warren Buffett when Berkshire Hathaway bought shares in the 2024 second quarter,

Constellation Brands shares are jumping nearly 9% after it was revealed late Friday that Warren Buffett's Berkshire Hathaway had built [a 5.6 million stock stake](

Warren Buffett's Berkshire Hathaway on Friday disclosed a new investment in alcoholic beverages producer Constellation Brands , and said it has reduced its holdings in four banks, including Citigroup and Bank of America .

Warren Buffett's Berkshire Hathaway nearly doubled its cash pile to $334 billion, sold a net $134 billion of stocks, and paid $26.8 billion to the IRS.

Warren Buffett said in his letter that his company's record tax payment should be used to "take care of the many who ... get the short straws in life."

Berkshire Hathaway CEO Warren Buffett wrote in his annual shareholder letter the tech company paid $26.8 billion in taxes for 2024, marking the highest-ever payment made to the U.S. government. Buffett made it clear he didn’t mind paying such a large tax bill,

Warren Buffett watchers eagerly anticipate the Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) quarterly 13F filing, detailing which stocks the holding company bought and sold during the quarter. Buffett rarely talks about the company's specific holdings or what goes into management's investing decisions,