Friday, November 18, 2005

The richest guy I've never heard of

Warren E. Buffett, CEO & Chairman of Berkshire Hathaway, Inc. owns 38% of Berkshire Hathaway, Inc. Berkshire closed today at $89,700. (!!!) Look at these SEC filings:

Cash and cash equivalents at June 30, 2005: $43.3 billion USD
Equity investments at June 30, 2005: $41.3 billion USD
Total shareholders’ equity at the June 30, 2005: $88.1 billion USD
Revenue for 2004: $74.4 billion USD
Net earnings for 2004: $7.3 billion USD
Income taxes paid in 2004: $3.6 billion USD

This is the guy whose controlling the universe. Anyway, I was just going to rant about Google being worth more than Coca-Cola and worth more than the combined value of McDonald's, Du Pont and Anheuser-Busch. And Google doesn't even make anything! They're worth 119 billion for selling directions for free.

brains' full... stopping. money has hurt it.


Today's Song of the Day is "Nebraska" by Bruce Springsteen off his 1982 album "Nebraska."

Crazy Fact: Berkshire Hathaway, Inc. is based out of Nebraska.

njoy

1 comment:

annabanana said...

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