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To Chuanfu! Thanks for Everything, Warren Buffett
Wang Chuanfu (above), the founder of Chinese battery manufacturer and automaker BYD is reportedly the richest man in all of China. Already a wealthy man, Bloomberg reports that Chuanfu has jumped a startling 102 places to land himself atop Hurun Rich List, an annual wealth index chronicling the country's richest people. How did this happen? Chuanfu made nice with "The Oracle of Omaha" Warren Buffett, and the investor has paid him back – handsomely. The iconic businessman's Berkshire Hathaway Inc. took a 10% stake in BYD this year, and ... Read more →
Warren Buffett reportedly rakes in $1B profits on BYD in less than one year Jeremy Korzeniewski
2009 BYD F3DM - Click above for high-res image gallery You don't get to hold the title of The Richest Person in the World – a title oft-owned by either Bill Gates or Warren Buffett at any ...
Warren Buffet invests $300m in Harley-Davidson Jeremy Korzeniewski
Harley-Davidson has announced that Warren Buffet's Berkshire Hathaway group will invest $300 million in the motorcycle maker by through a purchasee of senior unsecured notes that will mature in 2014. ...
World's Richest Man invests in RVs Noah Joseph
Everyone's broke. Gas prices keep rising and falling. America's three largest manufacturers of recreational vehicles are losing money like their pockets are full of holes. Perfect time to invest. ...
Warren Buffet recharges his batteries with investment in BYD Jonathon Ramsey
Chinese battery manufacturer BYD can now be mentioned in the same breath as Goldman Sachs: both have recently been given the blue-chip imprimatur by U.S. billionaire investor Warren Buffet. The ...
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To Chuanfu! Thanks for Everything, Warren Buffett 1 month ago on Autoblog
Wang Chuanfu (above), the founder of Chinese battery manufacturer and automaker BYD is reportedly the richest man in all of China. Already a wealthy man, Bloomberg reports that Chuanfu has jumped a startling 102 places to land himself atop Hurun Rich List, an annual wealth index chronicling the ...
Warren Buffett reportedly rakes in $1B profits on BYD in less than one year 3 months ago on Autoblog
2009 BYD F3DM - Click above for high-res image gallery You don't get to hold the title of The Richest Person in the World – a title oft-owned by either Bill Gates or Warren Buffett at any given time – without knowing how to make sound financial decisions. While not all of Warren ...
Warren Buffet invests $300m in Harley-Davidson 9 months ago on Autoblog
Harley-Davidson has announced that Warren Buffet's Berkshire Hathaway group will invest $300 million in the motorcycle maker by through a purchasee of senior unsecured notes that will mature in 2014. These funds match a similar investment by Davis Selected Advisers, L.P., which is already the ...
World's Richest Man invests in RVs 10 months ago on Autoblog
Everyone's broke. Gas prices keep rising and falling. America's three largest manufacturers of recreational vehicles are losing money like their pockets are full of holes. Perfect time to invest. Well, it is if you're Warren Buffett, the richest man in the world, who has made an art out of "buy ...
Warren Buffet recharges his batteries with investment in BYD 1 year ago on Autoblog
Chinese battery manufacturer BYD can now be mentioned in the same breath as Goldman Sachs: both have recently been given the blue-chip imprimatur by U.S. billionaire investor Warren Buffet. The Oracle of Omaha's MidAmerican Energy Holdings has bought a 10-percent stake in BYD for $230 million. BYD ...
Autoblog Podcast #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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