Warren Buffett’s investment firm Berkshire Hathaway has recorded a $3.8 billion impairment on its stake in Kraft Heinz Co., marking a significant setback for the billionaire investor. The new valuation brings the carrying value of the investment down to $8.4 billion, a decrease from over $17 billion at the end of 2017. This move is rare for Buffett, who played a crucial role in merging Kraft and Heinz around a decade ago.
Source: https://www.bloomberg.com/news/articles/2025-08-02/buffett-s-berkshire-takes-3-8-billion-hit-on-kraft-heinz-stake