During the dot-com-crazed 1990s, Cisco Systems became the world’s most valuable company. Widely expected to become the first company to hit a trillion-dollar capitalisation, it made it barely halfway there. When the
Browsing: Warren Buffett
Underlying the festivities at Warren Buffett’s annual bash for Berkshire Hathaway shareholders over the weekend was a sobering fact: finding the next big thing is hard. The Berkshire CEO spoke at length Saturday about his failure
Jeff Bezos has leapt past Amancio Ortega and Warren Buffett to become the world’s second richest person. Bezos, 53, added US$1,5bn to his fortune as Amazon.com rose US$18,32 on Wednesday, the day after the
Jeff Bezos just snuck past Warren Buffett to become the third richest person on Earth. The Amazon.com founder’s net worth was US$65,05bn on Thursday (R923bn at the time of writing), topping Buffett by $32m on the Bloomberg Billionaires Index
Apple’s share price, which peaked above US$132 a year ago, is now around $94. This is despite the news that Warren Buffett’s investment conglomerate Berkshire Hathaway had recently acquired more than 9,8m Apple shares. Since
Facebook founder and CEO Mark Zuckerberg is to emulate fellow billionaires, Microsoft’s Bill Gates and Berkshire Hathaway’s Warren Buffett, by giving away most of his amassed fortune to worthy causes. In a post on Facebook on Tuesday, celebrating the birth of his daughter