Group Berkshire Hathaway billionaire Warren Buffett lost more than $4,31 billion in one day, after I collapsed the stock of one of its biggest assets — Kraft Heinz. The reason was a lack of accountability, communications of the holding management on the reduction of dividends and the investigation by the regulator. It is reported by CNBC.
Shares of American food concern during the trading session on February 22 fell more than 27%, to close at $34,95 per share.
For Berkshire Hathaway, which at the end of 2018 belonged to 26.7% of Kraft Heinz, the loss became significant.
Kraft Heinz is the sixth largest asset Buffett after Apple several banks and of Coca-Cola.
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