Warren Buffett, one of the richest people in the world, will receive 6 billion dollars in 2024 only as dividends. This famous rich man has always focused on long-term profits throughout his life. The investment decisions he has taken have always yielded good results.
According to the Hindustan Times, this US tycoon, investor, and businessman, currently chairman, CEO, and co-founder of Berkshire Hathaway, Warren Buffett, has shown excellent investment skills. Thanks to this, he has become known as one of the most famous investors in the world.
Warren Buffett has 400 million shares in the world-famous soft drink Coca-Cola. The market value of these shares is $2,350 million. He is supposed to receive 77.5 million dollars in dividends in 2024 from Coca-Cola. Coca-Cola has already made a profit of 3.3 percent this year.
On the other hand, Warren Buffett will receive $820 million in dividends this year from Chevron, a major oil and gas company. Buffett owns 12.6 million shares of Chevron, which is currently worth $2.5 billion. He will receive 4 percent of Chevron’s revenue in April 2024.
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In addition, Warren Buffett will receive $520 million in dividends from packaged food company Kraft Heinz in 2024. It is one of the companies from which he gets high dividends. He has a share of 325.6 million dollars in this company. After investing in this company, Warren Buffett’s company made a profit of 4.4 percent.
The current value of Berkshire Hathaway is believed to be $12 billion.
Currently ranked sixth in the world’s wealthiest list is Warren Buffett. Some say Buffett is as good a manager as he is an investor. Where Buffett invests and how he runs his businesses follow an idealistic approach. He is legendary as an investor and first-class as a manager.
According to Forbes magazine, at the time of writing today, Buffett’s net worth was $133.5 billion.
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