Companies

Warren Buffett’s Berkshire Hathaway Reports Record High Cash Balance of Over $380 Billion

Buffett shocked shareholders when he claimed he’d be retiring as Berkshire’s Chairman and CEO at the end of the year.
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Warren Buffett’s Berkshire Hathaway Reports Record High Cash Balance of Over $380 Billion
Berkshire Hathaway Chairman Warren Buffett attends the Berkshire Hathaway Inc annual shareholders' meeting in Omaha, Neb., on May 3, 2024. Scott Morgan/Reuters
Jacki Thrapp
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Warren Buffett’s Berkshire Hathaway reached a new record of $381.7 billion in cash and short-term investments, according to a third-quarter financial report released on Nov. 1.

The conglomerate’s latest quarterly report, filed with the United States Securities and Exchange Commission (SEC), stated that it ended the third quarter with over $76 billion in cash and cash equivalents, as well as $305 billion in short-term investments in U.S. Treasury Bills.

Jacki Thrapp
Jacki Thrapp
Author
Jacki Thrapp is an Emmy® Award-winning journalist based in Nashville. She previously worked at The New York Post, Fox News Channel and has written a series of Off-Broadway musicals in NYC. Contact her at [email protected]