Dec. 11 at 5:27 PM
$VG
Berkshire Hathaway Makes Stunning Final Investment Ahead of CEO’s Departure
In a surprising end to an era, Berkshire Hathaway has made what analysts are calling an astonishing last-minute move — acquiring a significant stake in Venture Global LNG, the rapidly rising U.S. liquefied natural gas exporter.
The purchase, disclosed late Wednesday, comes just days before Berkshire’s longtime CEO announced plans to step down, marking the legendary investor’s final major decision at the helm. Financial details of the transaction remain undisclosed, but early estimates suggest the investment could be valued in the billions, signaling strong confidence in the future of U.S. energy exports.
Market watchers were quick to interpret the move as a classic Berkshire play — a bold bet on long-term demand and industrial strength amid global uncertainty.