Topic: Warren Buffett

China's BYD sees profit soar on strong auto sales

China's BYD sees profit soar on strong demand for its sedans; vows to expand, diversifyBYD, the Chinese automaker with backing from billionaire Warren Buffett, says its net profit more than tripled last year as the company's F3 sedan topped the country's list of best-selling autos. BYD is ...
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Buffett, world's 3rd-richest person, gets pay rise

NEW YORK (Reuters) - Warren Buffett was awarded total compensation of about $519,490 in 2009 to run Berkshire Hathaway Inc, a 6 percent increase mainly reflecting the higher cost of keeping the world's third-richest person safe. According to Berkshire's proxy filing with the U.S. Securities and Exchange ...
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Buffett's salary unchanged, but security costs up

Warren Buffett still gets $100K salary at Berkshire Hathaway, but security costs grow to $345KWarren Buffett brought home less pay than Berkshire Hathaway's chief financial officer again last year, but the company is paying more to protect the billionaire these days. Buffett, chairman and chief executive of the Omaha ...
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Munich Re CEO: Buffett stake backs our strategy

MUNICH (Reuters) - Munich Re <MUVGn.DE> sees star investor Warren Buffett's stake in the reinsurer as evidence that he backs its long-term strategy aimed at creating stability, Munich Re's chief executive said on Wednesday. "He would not have bought in if he didn't think our ...
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