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Berkshire Hathaway cash nears $100 billion

Tue, Aug 08 2017, 05:42 PM

Declaring its second-quarter results, Warren Buffett-controlled Berkshire Hathaway reported that the value of cash, cash equivalents and US treasury bills held by it was $99.6 billion. In 2011, this figure was $37.3 billion, which translates to an increase of 2.7 times in five-and-a-half years