Warren Buffett just keeps getting richer
Bill Pugliano/Getty Images
Berkshire Hathaway reported record profits for 2013 in its annual report released on Saturday. The investing conglomerate of Warren Buffett turned in $19.5 billion in 2013, far more than the $14.8 billion recorded in 2012.
The "Oracle of Omaha" touted American companies in his annual letter to shareholders: "The dynamism embedded in our market economy will continue to work its magic," he wrote. "America's best days lie ahead."
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Sarah Eberspacher is an associate editor at TheWeek.com. She has previously worked as a sports reporter at The Livingston County Daily Press & Argus and The Arizona Republic. She graduated from Northwestern University's Medill School of Journalism.