Saturday, December 16, 2006

Berkshire Hathaway: Biggest Increase of Net Worth in US history!

Warren Buffett, chairman of Berkshire Hathaway Inc., says he expects the diversified holding company to increase its net worth this year by a record $14 billion.

Mr. Buffett said the increase in net worth, which he said would translate into strong growth in Berkshire's book value, could be the biggest of any U.S. company, barring any disasters over the next few weeks that could hurt 2006 earnings in Berkshire's lucrative reinsurance business.




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