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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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Warren Buffett is impressed by Rick Wagoner and buys a Caddy to prove it 3 years ago on Autoblog

Warren Buffett was impressed after watching CEO Rick Wagoner's performance on CBS's "Face the Nation" a couple of months ago. So, the Oracle of Omaha faxed a note to Wagoner praising him for his work in front of the TV cameras, and promised that his next vehicle would be a Cadillac. Buffett ...

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Autoblog Podcast #157: 'Twas a couple nights before Christmas...

Chris, Editor Paukert, and Dan send the Podcast off for the Christmas holiday in proper fashion

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