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Berkshire Hathaway Makes Big Investment In Five Japanese Firms

Video Credit: Wochit News
Published on August 31, 2020 - Duration: 00:27s

Berkshire Hathaway Makes Big Investment In Five Japanese Firms

Warren Buffett's Berkshire Hathaway disclosed a $6 billion bet on five of Japan's biggest trading companies.

The news was released Sunday night in a press release.

The billionaire investor's company revealed that it owns just over 5% of Mitsubishi, Mitsui, Itochu, Marubeni, and Sumitomo.

Business Insider reports that all five firms rose between 4% and 10% on Monday.

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Warren Buffett

American investor, entrepreneur, and businessperson

Sumitomo Corporation

kabushiki gaisha


Itochu

Japanese corporation

Marubeni

Japanese company

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