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Business

Buffett’s cash pile tops record

Record earnings: A Berkshire Hathaway HomeServices real estate office in San Francisco. Berkshire’s cash pile hit new heights in the third quarter. — Bloomberg

NEW YORK: Warren Buffett’s Berkshire Hathaway Inc now has a record amount of money to put to work.

Berkshire’s cash pile hit new heights at US$149.2bil (RM620bil) of funds in the third quarter, surpassing a record set in early 2020, the company said in its earnings report Saturday.

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