MediumPositive
Announced Thu, 16 Jul · 16:38 IST

Larry Page, Sergey Brin get $15 billion richer as Warren Buffett says Alphabet bet was his call

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AI summary

Warren Buffett said he personally led Berkshire Hathaway's investment in Alphabet, contradicting suggestions it was successor Greg Abel's call, and acknowledged he made a mistake by not buying earlier. Alphabet shares rose nearly 4% on Wednesday, lifting 2026 gains past 17% and adding $8 billion to Larry Page's net worth and over $7 billion to Sergey Brin's. Berkshire held $16.6 billion in Alphabet shares as of March 31, making it one of its top five common stock holdings.