Warren Buffett’s $25 Billion Love for Coca-Cola

Benzinga

Warren Buffett, a billionaire and the largest shareholder of Coca Cola through his company Berkshire Hathaway, is set to collect $776 million in dividends in 2024. Buffett drinks five cans of Coke daily, a habit he developed after switching from Pepsi in the 1980s. Originally introduced to Cherry Coke by a neighbor, Coca Cola has since become one of his most fruitful investments, now worth over $25 billion.

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00:00Warren Buffett isn't just a billionaire. He's Coca-Cola's biggest fan and its largest shareholder.

00:05In 2024, his company, Berkshire Hathaway, will collect $776 million in Coca-Cola dividends.

00:13That's $0.485 per share on 400 million shares. Buffett's love for Coke isn't just about the

00:19money. He drinks five cans a day. And believe it or not, his wife buys his Cokes on sale.

00:25Buffett didn't always drink Coke. He switched from Pepsi in the 1980s.

00:30A neighbor introduced him to Cherry Coke, and he's been hooked ever since.

00:34Now, Coca-Cola is one of his most successful investments, worth over $25 billion.

00:40For Buffett, it's all about loving what you invest in.

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