Warren buffett News

Last May, a few weeks before Facebook went public with its IPO, Warren Buffett had said in not so many words, investing in Facebook is something he'd planned to steer clear of doing.

Washington - Several studies show that those with very high incomes give a smaller percentage of their income to charity than those with lower incomes.

Hutchinson - Buffett, Chairman and CEO of Berkshire Hathaway reveals he made almost $63 million last year, but paid less than $7 million in federal income tax. But critics say Buffett didn't reveal his tax return which would have explained several gaps in income.

In an interview with CNBC, Berkshire Hathaway Chief Warren Buffett clarified the nature of his tax increase proposal, saying the 'Buffett Rule' floated by the White House was not in line with Buffetts thinking.

The super-rich on both sides of the Atlantic are appealing to their governments to tax them more to aid those less fortunate than themselves. The truth is, all taxation is totally unnecessary.

In an opinion piece published in The New York Times, billionaire Warren Buffett offered his perspectives on tackling America's fiscal woes, focusing on individuals who earn more than $1 million annually.

Montreal - Bill Gates, the multi-billionaire co-founder of Microsoft, is now the largest shareholder of Canadian National Railway Co. and now owns $3.2 billion. Since 2006, Gates has been increasing his involvement in the nation's biggest railway company.

Lubrizol is a specialty chemical company that will soon be owned by Warren Buffett. Buffett's company Berkshire Hathaway Inc. is purchasing Lubrizol for a record $9 billions.

Nelson - Often it is heard that rich people are not like the rest of us, and it appears, that really this is true, especially in their attitudes, as well as their allegiances, which tend rather to be more with each other, than their home countries

New York - Billionaire investment guru, Warren Buffett, sent out a message to United States taxpayers: Get over your anger. Buffett says the anger towards the Obama administration and Congress is counterproductive.