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Does Warren Buffett Still Own Washington Post?

Published in Media Ownership History 1 min read

No, Warren Buffett, through his company Berkshire Hathaway, no longer owns a stake in The Washington Post.

The End of a Forty-Year Association

Warren Buffett concluded his significant 40-year relationship with The Washington Post's former parent company in 2014. His investment conglomerate, Berkshire Hathaway, agreed to divest the majority of its 28% ownership stake in Graham Holdings. Graham Holdings was the long-standing parent company of The Washington Post before the newspaper itself was sold to Amazon founder Jeff Bezos in 2013.

While Buffett's direct investment was in Graham Holdings, which owned the newspaper for many decades, his strategic move in 2014 marked the definitive end of an era. The divestment occurred after The Washington Post had already been acquired by Bezos. Berkshire Hathaway's decision to give back the bulk of its stake in Graham Holdings effectively ended Buffett's indirect association with the newspaper, concluding decades of investment in the media sector.

This divestment allowed Berkshire Hathaway to reallocate its substantial investments, concluding a significant holding that had been a cornerstone of Buffett's portfolio for an impressive four decades.

For more details on Buffett's divestment, you can refer to reports from The Guardian.