# Berkshire Hathaway reported a record cash level of $380.2 billion at the end of March.

*business · news · 2026-05-03 · The Financial Express*

## Key points

- Greg Abel addressed Berkshire Hathaway's annual meeting as CEO exactly four months after succeeding Buffett.
- Berkshire reported a record $380.2 billion in cash at the end of March 2024.
- Berkshire's profit from owned businesses rose 18% year-over-year to $11.35 billion.
- Buffett publicly praised outgoing Apple CEO Tim Cook for transforming Berkshire’s Apple stake to $185 billion pre-tax.
- Buffett warned about AI deepfakes and nuclear risks as unpredictable threats to global markets.

**Companies:** Berkshire Hathaway, Apple
**Countries:** United States

[Read the full story on The Financial Express](https://www.financialexpress.com/business/news/warren-buffett-asks-tim-cook-to-take-a-bow-during-berkshire-meeting-says-environment-not-ideal-to-invest-record-cash-hoard/4225715/)

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