Warren Buffett's Berkshire Hathaway holding record $325B in cash ahead of election

02 Nov 2024, 18:12 by Simon Druker · UPI

Nov. 2 (UPI) -- Berkshire Hathaway now has a record $325.2 billion cash on hand, the holding company announced after filing third-quarter earnings Saturday.

The multinational firm based in Omaha, Neb., is continuing to divest some of its holdings and stockpile cash ahead of Tuesday's U.S. election, according to the earnings report filed with the U.S. Securities and Exchange Commission.