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Tuesday, March 18, 2008

Warren Buffett Recieve $100,000 Salaries

Hi,
Warren Buffett, Berkshire Hathaway Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger have both kept their salaries at $100,000 again in 2007, Reported by Bloomberg's Warren Buffett's Berkshire Salary Remains $100,000.

Warren Buffett, took a $100,000 salary for the 27th consecutive year in 2007. Mr Buffett had did not received any bonus as he arranged Berkshire into bond insurance and its largest cash purchase, a $4.5 billion deal to buy Marmon Holdings Inc., the Pritzker family's collection of 125 companies. Warren Buffett gets no stock options or grants for serving as chief executive officer and chairman, the Omaha, Nebraska-based company said in a regulatory filing today.

Warren Buffett built Berkshire Hathaway, the once-failing textile manufacturer into a $200 billion investment and holding company with a $75 billion stock portfolio and businesses from candy making to insurance.

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