Warren Buffett Has Cash Worth $188 Billion, Wants To Spend It on This
Ace investor Warren Buffett’s investment arm Berkshire Hathaway has cash in US dollars worth $188 billion. Though the amount looks and sounds big, it is considerably smaller compared to the $1.069 trillion worth of assets the firm currently holds. In equities alone, Berkshire Hathaway holds $567.5 billion and the numbers are only growing each year. Also Read: Commodity Market: Copper Prices To Rise 50% & Reach $15,000? Apart from cash, Warren Buffett will earn nearly $6 billion from dividends alone this year in 2024. The latest data shows that Warren Buffett’s top three dividends will come from the US companies: 1. Chevron (NYSE: CVX) – $820 million 2. Coca-Cola (NYSE: KO) – $775 million 3. Kraft Heinz (NYSE: KHC) – $325.6 million Also Read: Risk Appetite For Gold Increases: A Surge to $2,700 Next? What Will Warren Buffett Do With His $188 Billion in Cash? Source: economictimes.com While dividends and equity returns...