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Berkshire Hathaway: Record Level Cash Reserve $157.2bn Hit | Deep-Dive

Warren Buffett’s company, Berkshire Hathaway Inc., has hit a new record with a cash reserve of $157.2 billion.

Warren Buffet: Owner and CEO of Berkshire Hathaway. Photo: Shutterstock
Warren Buffet: Owner and CEO of Berkshire Hathaway. Photo: Shutterstock

The company has seen its funds grow due to the current dearth of investment opportunities and elevated interest rates.

Berkshire Hathaway also reported operating earnings of $10.76 billion, notably higher than previous years.

This is due, in part, to the insurance sector and the increased interest rates.

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