Buffett’s Berkshire Lifts Cash Pile to Record $347.7 Billion
A shareholders shopping day ahead of the Berkshire Hathaway annual shareholders meeting.
Photographer: Dan Brouillette/BloombergThis article is for subscribers only.
Berkshire Hathaway Inc.’s operating earnings fell about 14% from a year earlier and its cash pile surged to a record $347.7 billion as the conglomerate struggled to put money to work amid tariff uncertainty.
Operating earnings at Berkshire, led by Chief Executive Officer Warren Buffett, dropped to $9.6 billion, the conglomerate said in a statement Saturday.