Tag Archives: berkshire hathaway

Mars to acquire Wrigley

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Mars, the makers of M&M’s, announced a deal to acquire US firm Wrigley’s, best known for its chewing gum, for about $23 billion.

  • Mars is best known for its Milky WaySnickers, Starburst and M&Ms.
  • Wrigley’s principal brands include Spearmint Gum, Juicy Fruit and Orbit.

Billionaire Warren Buffet’s Berkshire Hathaway is helping finance the transaction.

Will Stocks that go up must come down ?

Will Stocks that go up must come down ?

According to investopedia

The laws of physics do not apply in the stock market. There is no gravitational force that pulls stocks back to even. Over ten years ago, Berkshire Hathaway’s stock price went from $6,000 to $10,000 per share in a little more than a year. Had you thought that this stock was going to return to its lower initial position, you would have missed out on the subsequent rise to $70,000 per share over the following six years.

World’s Richest Billionaires : Forbes

After 13 years on top, Bill Gates is no longer the World’s Richest Man. Here is the forbes list of World’s Billionaires from Forbes.

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1. Warren Buffett
Age: 77
Fortune: self made
Source: Berkshire Hathaway
Net Worth: $62.0 bil
Country Of Citizenship: United States

2. Carlos Slim Helu & family
Age: 68
Fortune: self made
Source: telecom
Net Worth: $60.0 bil
Country Of Citizenship: Mexico