![]() ![]() He was made Rajya Sabha MP and also won Lok Sabha seat in 1999 from Periyakulam. He accompanied Jayalalithaa in many of her campaigns and meetings. In fact, Dinakaran was also a favourite of Jayalalithaa. ![]() She took a break to take care of their daughter. His wife is supposed to be a dynamic woman who was controlling the party channel Jaya TV until two-and-a-half years ago. "They patiently did many poojas and visited temples." They love their daughter whose name Jaya Harini has been given to the bungalow in Besant Nagar. But after marriage they didn't have children for many years. One close aide said Dinakaran is married to his relative Anuradha and both are a loving couple. Some of his close associates describe Dinakaran as an extremely cool-headed and religious person who would patiently listen to people. Where is the question of coming out when there is no case," he asked. "But some are spreading rumours that he is doing poojas to come out of the case. Since then a priest has been visiting the house at 9 am everyday. For instance Dinakaran and his family turned vegetarians few years ago for religious reasons. His conglomerate also includes namesake energy, car dealership and real estate brokerage businesses, several manufacturing and industrial businesses, and consumer brands such as Dairy Queen, Fruit of the Loom and See's Candies.He went onto say that even a very small activity in the house is turned into a big event. The shares no longer routinely trounce the index as they did when Berkshire was smaller, but over long periods can match or slightly outperform the index with less volatility.īuffett, 92, has run Berkshire since 1965. ![]() In 2023, Berkshire shares have risen 18%, the same as the Standard & Poor's 500. Its Class B shares normally trade at about 1/1,500th as much. Keefe, Bruyette & Woods analyst Meyer Shields, who rates Berkshire "market perform," raised his price target to $565,000 from $545,000.īerkshire has never split its Class A shares. ![]() UBS analyst Brian Meredith, who rates Berkshire "buy," raised his 12-month price target for the Class A shares to $621,591 from $608,000, calling the stock "an attractive play in an uncertain macro environment." He passed Microsoft co-founder Bill Gates on August 7 to become the world's fifth-richest person, with a $121.5 billion fortune, according to Forbes magazine. The shares earlier reached $555,800, surpassing the previous high $544,000 set on March 28, 2022.īuffett owns about 15 percent of Berkshire's stock. That helped offset declining profit at the BNSF railroad, and lower earnings from building products companies such as Clayton Homes as well as consumer businesses such as Forest River recreational vehicles and Duracell batteries.īuffett's company, based in Omaha, Nebraska, also posted quarterly net income of $35.9 billion, reflecting unrealized gains on investments such as Apple, whose stock price rose 17.6 percent in the quarter.īerkshire owned $177.6 billion of the iPhone maker's shares at the end of June.Ĭlass A shares of Berkshire rose $18,320 to $551,920 on August 7, giving Berkshire a market value of about $799 billion. In its second-quarter earnings report on August 5, Berkshire said rising interest rates boosted profit from fixed-income investments, including a cash stake that grew to $147.4 billion, while fewer accident claims bolstered Geico car insurance. Berkshire Hathaway's stock price set a record high on on August 7, rising 3.4 percent after the conglomerate run by billionaire investor Warren Buffett said quarterly operating profit topped $10 billion for the first time. ![]()
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