Berkshire Hathaway's cash reserve reaches all-time high of $157.2 BN
Edited By WION Video Desk
Published: Nov 05, 2023, 07:05 IST | Updated: Nov 05, 2023, 07:05 IST
Legendary investor Warren Buffett's Berkshire Hathaway is the 'cash king'. Its total cash reserve has grown to a new all-time high of 157.2 billion dollars, thanks to rising interest rates and few substantial investment opportunities. The company said that its stockpile, which is primarily invested in short-term treasuries, has reached its highest level since the July-september quarter of 2021.
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