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HomeAll NewsMost read newsBusiness Leaders Biography
Birthday : 08/30/1930
Place of birth : Omaha (Omaha) - United States
Biography : Warren Edward Buffett is an American businessperson who has been at the head of 6 different companie

Buffett's Berkshire Hathaway Bets Billions on Verizon and Chevron

02/16/2021 | 06:32pm EDT

By Jenna Telesca

Billionaire Warren Buffett added two more big, American brands to Berkshire Hathaway Inc.'s investment portfolio.

Mr. Buffett's conglomerate has purchased $8.6 billion in stock in Verizon Communications Inc., the U.S.'s largest mobile carrier, and $4.1 billion in gas-and-oil company Chevron, according to a snapshot of investments held in the quarter ended Dec. 31.

More to come

(END) Dow Jones Newswires

02-16-21 1832ET

Stocks mentioned in the article
ChangeLast1st jan.
CHEVRON CORPORATION -0.84% 101.83 Delayed Quote.21.65%
VERIZON COMMUNICATIONS -1.46% 57.275 Delayed Quote.-0.61%
WTI 0.56% 61.41 Delayed Quote.29.35%
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