Reported about 9 hours ago
Warren Buffett's Berkshire Hathaway reported its third consecutive year of record operating profit, reaching $47.44 billion in 2024, up 27% from the previous year, fueled by significant growth in underwriting earnings and investment income from its insurance operations. The fourth quarter also saw a record operating profit of $14.53 billion, largely due to gains in insurance and foreign currency adjustments, with annual net income totaling $89 billion.
Source: YAHOO