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Buffett's Berkshire Hathaway Scores Huge Gains On Apple
Video Credit: Wochit News
Published on August 22, 2020 - Duration: 00:34s
Buffett's Berkshire Hathaway Scores Huge Gains On Apple
Warren Buffett's investment in his Apple has easily exceeds his personal fortune.
Buffett owns investment conglomerate Berkshire Hathaway.
The company spent about $35 billion to buy 245 million Apple shares.
Those shares are now worth about $122 billion, representing a gain of more than $80 billion.
Buffett's net worth has sunk by $11 billion this year to $78 billion.
The decline reflects a drop in Berkshire's share price and his philanthropy.
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