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Warren Buffett's wife reportedly balked at the $4 cost of a coffee at Sun Valley. Astrid Menks' reaction aligns with her husband's approach to life, investing, and dealmaking. Buffett lives simply, seeks value as an investor, and strikes a hard bargain when he cuts deals. Warren Buffett detests high inflation, and it appears the billionaire's wife does too. Astrid Menks balked at paying $4 for a cup of coffee at Sun Valley this week, noting she "could get a pound of coffee" for that price in other places, the New York Post reported on Thursday. Her reaction won't surprise close...

Peter Flaherty, chairman of the National Legal and Policy Center (NLPC) broke his silence after he was arrested and escorted out of the Berkshire Hathaway annual meeting on Saturday in Omaha, Nebraska. The Gateway Pundit reported that Flaherty was removed at the shareholders’ meeting and was charged with “criminal trespass” after criticizing Berkshire Hathaway CEO Warren Buffett for his support for Bill Gates’ organization and his association with convicted felon Jeffrey Epstein. Bill Gates was also present during the meeting. WATCH: And bill gates was here 30 minutes ago. pic.twitter.com/7UV5F3aggb — Tykoo.eth (@0xTykoo) May 6, 2023 During the first minute...

Mention of Bill Gates and Jeffrey Epstein Prompts Cut Microphone and Removal From ArenaFalls Church, VA --News Direct-- National Legal & Policy CenterDuring the Berkshire Hathaway annual meeting on Saturday in Omaha, Peter Flaherty had his microphone cut, was arrested, and forcibly removed from the arena.Flaherty is the Chairman of the National Legal and Policy Center (NLPC), which was the sponsor of Proposal #8 to “require hereafter that two separate people hold the office of the Chairman and the office of the CEO.”In support of this resolution for an independent chair, Flaherty attempted to assert that Berkshire “would be less...

Warren Buffett has long been known as a liberal executive. The Omaha billionaire has contributed millions to pro-choice organizations, he has raised money for Barack Obama and Hillary Clinton and he often calls for higher taxes on the wealthy. Mr. Buffett’s recent annual letter to shareholders of Berkshire Hathaway, the conglomerate he has run for 58 years, boasted that Berkshire had paid $32 billion in taxes over the past decade. He said he hoped to pay more in the future: “We owe the country no less,” wrote Mr. Buffett, a Depression-era baby in his 93rd year. Yet as the Berkshire...

There have been multiple conversations between Biden’s team and Buffett in the past week, according to people familiar with the matter, who asked not to be identified because the information is private. The calls have centered around Buffett possibly investing in the US regional banking sector in some way, but the billionaire has also given advice and guidance more broadly about the current turmoil.

Federally mandated cooling-off period ends Friday, opening possibility of nationwide strike or lockoutA national railroad strike could derail critical deliveries of chlorine to wastewater treatment plants and coal to utility plants, among other potentially crippling disruptions, prompting senior White House aides on Tuesday to review contingency options for protecting the nation’s drinking water and energy supply.White House aides are looking at how to ensure essential products carried by rail — such as food, energy and key health products — could still reach their destinations, even in the event of a strike. Senior officials have looked at how highways, ports and...

Billionaire Microsoft co-founder Bill Gates said Wednesday that he plans to give his wealth to his foundation. In a Twitter thread that doesn’t allow replies, Gates announced he was transferring $20 billion to the Bill and Melinda Gates Foundation’s endowment this month and will increase spending to $9 billion per year by 2026. “As I look to the future, I plan to give virtually all of my wealth to the foundation,” Gates wrote. “I will move down and eventually off of the list of the world’s richest people.” Gates is currently the fourth-richest person on earth and has a net...

Utilities are worried that the slowdown in coal deliveries could threaten U.S. electricity supply and destabilize the power grid.A BNSF train climbs Edelstein Hill near Chillicothe, Ill.Chemical producers say erratic rail service has forced them to curtail production of essentials like chlorine used to treat public drinking water systems and the plastics used in medical products. And one of the nation’s largest retailers of diesel fuel, renewable diesel, ethanol, and diesel exhaust fluid says Union Pacific’s plan to cut its shipments by 50% will create fuel shortages, bring trucking to a halt, and raise prices at the pump. Those were...

The Indian Bar Association (IBA) reports that murder charges were filed in India’s High Court The Indian Bar Association (IBA) reports that murder charges were filed in India’s High Court against two billionaires responsible for the AstraZeneca’s COVID-19 vaccine, Covishield. Bill Gates and Adar Poonawalla, the CEO of Serum Institute of India (SII), are being charged with the murder of a 23-year-old man who was injected with the shot. Serum Institute of India (SII), Adar Poonawalla’s company, produces Covishield, as well as over half of the entire world’s vaccines that are injected into babies. The criminal complaint also names “other...

It turns out that the Billion-Dollar King of Abortion’s philanthropic organization gave close to $200 million to just one extremist abortion group that prides itself as being the “professional association of abortion providers.” Warren Buffett’s Susan Thompson Buffett Foundation gave at least a whopping $196,388,893 between 2003 and 2020 alone to the National Abortion Federation (NAF), according to Foundation Directory Online data. NAF boasts that its mission is to “unite, represent, serve, and support abortion providers in delivering patient-centered, evidence-based care.” It also states that it “provides direct services to patients who need help accessing abortion care.” In addition, NAF...

From midnight cereal snacks to McDonald's runs, loving junk food is one way billionaires are just like us.Although the life of a billionaire looks glamorous from the outside — private jets, mansions around the world, Michelin-starred restaurants — in some ways billionaires can be shockingly down to earth. Case in point: Warren Buffett and Bill Gates, two of the richest people in the world, prefer a McDonald’s burger to most high-end cuisine. Read on for more insights into seven billionaires’ favorite snacks. Jeff Bezos The Amazon founder reportedly makes time for a healthful breakfast whenever possible. His preferred order isn’t...

© Provided by Benzinga The world’s richest man keeps getting richer. This week, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk passed another significant milestone with a wealth greater than two executives who once topped the list. What Happened: Musk is worth $236 billion, according to the Bloomberg Billionaires Index. That total puts Musk ahead of Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos, who Musk superseded in January. Bezos topped the list from 2017 to 2021. More impressive, Musk is now worth more than Microsoft Corporation (NASDAQ: MSFT) co-founder Bill Gates and Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) founder Warren Buffett combined....

Inequality is almost universally condemned by the intellectual elite. But most of the rest of the world doesn’t think inequality is such a bad thing. According to polling by Gallup, there are 138 million people in the world today who would like to immigrate to the United States. Most of these people are poor. They tend to live in egalitarian surroundings – they and their neighbors are all equally poor. (The country with the highest percentage of would-be immigrants is Liberia.) Yet they want to come to a country with a great deal of inequality, knowing they would start out...

June 30 (Reuters) - Berkshire Hathaway Inc (BRKa.N) Vice Chairman Charlie Munger praised China's move to impose a sweeping restructuring on Jack Ma’s Ant Group, the fintech giant whose record $37 billion IPO was derailed by regulators in November. The 97-year-old told CNBC in an interview alongside Berkshire CEO and billionaire investor Warren Buffett that the United States should take a leaf out of China's book and "step in preemptively to stop speculation". "I don't want the, all of the Chinese system, but I certainly would like to have the financial part of it in my own country," he said...

Liberal outlet Inside Philanthropy sang the praises of an extremist pro-abortion group funded by billionaires George Soros and Warren Buffett looking to revamp its baby slaughter advocacy. Catholics for Choice (CFC), a leftist organization that twists the tenets of faith to sanction the monstrous act of abortion, is being rebuilt and rebranded at a time when “the politics of reproductive rights are approaching a boiling point,” IP fearmongered. The outlet propped up the “challenge” of the new and extremist CFC President Jamie L. Manson: “To reach the millions of Catholics who comprise the ‘moveable middle’ of the faith electorate.” It...

Warren Buffett said he is stepping down from his role with the Bill and Melinda Gates Foundation, noting in a statement that he has been an "inactive" trustee of the organization. His decision to step down comes at an uncertain time for the foundation as the Gates last month announced they are divorcing after 27 years of marriage. "For years I have been a trustee — an inactive trustee at that — of only one recipient of my funds, the Bill and Melinda Gates Foundation (BMG)," Buffett wrote in the statement. "I am now resigning from that post, just as...

Several of the richest U.S. corporate executives have either paid a fraction of their cumulative wealth in federal taxes of nothing at all, according to a new report from the nonprofit media outlet ProPublica.What Happened: In its coverage, ProPublica said "America's billionaires avail themselves of tax-avoidance strategies beyond the reach of ordinary people. Their wealth derives from the skyrocketing value of their assets, like stock and property. Those gains are not defined by U.S. laws as taxable income unless and until the billionaires sell."However, ProPublica did not offer evidence that the executives being spotlighted were violating the U.S. tax code.The...

The average national gas price on Wednesday hit $3 per gallon for the first time since 2014. Costs have been on the rise since a cyberattack over the weekend forced Colonial Pipeline to temporarily shut down operations. The pipeline delivers nearly half of all fuel along the East Coast. “Areas including Mississippi, Tennessee and the east coast from Georgia into Delaware are most likely to experience limited fuel availability and price increases, as early as this week,” AAA spokesperson Jeanette McGee said Tuesday in a news release. “These states may see prices increase three to seven cents this week.” As...

Apparently, liberal billionaires like abortion megadonor Warren Buffett aren’t allowed to remain silent on toxic racial politics without enraging the easily triggered liberal media. Berkshire Hathaway CEO Warren Buffett released his annual letter to Berkshire Hathaway’s shareholders February 27. Bloomberg News reported Feb. 25 that Buffett had stayed quiet in 2020 amidst “a heated presidential election” and “a racial reckoning that sparked nationwide protests.” The outlet hoped that Buffett would have “a chance to break his silence with the release of his annual letter Saturday.” When the letter was released, Bloomberg News was enraged the billionaire still chose to steer...

Billionaire Warren Buffett encouraged investors to maintain their faith in America’s economy and the businesses his Berkshire Hathaway conglomerate owns in a reassuring letter to his shareholders Saturday. Buffett hardly even addressed the coronavirus that ravaged many businesses last year, instead focusing on the long-term prospects for the railroad, utility and insurance businesses and stocks that belong to Berkshire Hathaway. But he said U.S. business will thrive over time in spite of the pandemic. “In its brief 232 years of existence, however, there has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country’s economic...