Wednesday wasn’t just a good day for Apple.
The company, whose shares jumped nearly 6%, also earned Warren Buffett a nice payday.
The billionaire philanthropist’s Berkshire Hathaway (BRK-B) reportedly owns 239.6 million shares of Apple as of the end of March. Wednesday’s jump means that those shares are up $2.7 billion for Berkshire Hathaway.
According to MarketWatch, Berkshire Hathaway’s stake in Apple is now worth $48 billion overall, and has earned the company $8 billion in the last four months.