Warren Buffett’s Berkshire Hathaway reveals $6 billion investment in 5 Japanese giants
Warren Buffett’s Berkshire Hathaway reveals $6 billion investment in 5 Japanese giants
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Warren Buffett's Berkshire Hathaway disclosed a $6 billion bet on five of Japan's biggest trading companies in a press release on Sunday night.
The billionaire investor's company revealed that it owns just over 5% of Mitsubishi, Mitsui, Itochu, Marubeni, and Sumitomo.
"I am delighted to have Berkshire Hathaway participate in the future of Japan and the five companies we have chosen for investment," Buffett said in the statement.
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Warren Buffett marked his 90th birthday on Sunday by revealing a $6 billion investment in five of Japan's largest trading companies.
The famed investor's Berkshire Hathaway conglomerate has built passive stakes of just over 5% in each of Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo over the past 12 months, it said in a press release. Its National Indemnity subsidiary