Berkshire Hathaway Warren Buffett lost more than $4.3 billion in one day after shares of Kraft Heinz — one of her biggest assets of the company collapsed amid bad news, including a reduction in dividends and an investigation by the regulator, reports CNBC.
Kraft Heinz stock on Friday fell more than 27%, trading closed at $34,95 share.
Loss for Berkshire Hathaway, which at the end of 2018 owned 325 million shares, was significant.
Kraft Heinz is the sixth-largest holding of Berkshire after Apple several banks and of Coca-Cola, marks the channel.
Read more •••