World’s third richest and Apple’s second largest shareholder does not use an iPhone

World’s third richest man Warren Buffet does not use an iPhone. He instead uses a flip-phone. The news gains prominence for the fact that Buffet is the second largest Apple shareholder. Warren is also the CEO of Berkshire Hathaway Inc.

Buffet is known for his aversion towards technology.

However, in an interview to American media network he said that he would love to own 100 per cent stake in tech giant Apple. He also said, “We bought about five per cent of Apple stake..”

His company Berkshire had on Friday announced that it has bought an additional 75 million shares of Apple in the first three months of 2018 and has become the number two shareholder.

Buffet was once the world’s richest man but he was overtaken by Mircosoft founder Bill Gates and Amazon’s founder Jeff Bezos. Currently Bezos is the world’s richest man.

By EP Web Desk

Published on: May 8, 2018 at 19:28 IST