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Warren Buffett’s Berkshire Hathaway share price reaches $200,000
Savers with a spare $200,000 could splash out on a new Bentley Continental GT – or they could buy one share in Warren Buffett’s conglomerate Berkshire Hathaway.
The company’s stock roared past the $200,000 milestone last night, reaching as high as $201,114 – or £120,000 – per share.
Billionaire Buffett, considered by many to be the world’s best investor, has grown the business over the past 50 years to become the fourth biggest firm listed on the S&P, and is now worth about $328bn.
Berkshire’s lofty share price is, in part, due to the fact that the stock has never been split, a strategy used by Apple earlier this year to make shares more affordable.