Warren Buffett mints $120 billion after Apple hits $3 trillion market cap

• The conglomerate’s 5% stake is now worth $160 billion due to the massive rally that extended into the new year

• Berkshire’s Apple stake makes up more than 40% of its equity portfolio

Warren Buffett’s Berkshire Hathway made over $120 billion after Apple briefly hit more than $3 trillion market capitalization on Monday.

The conglomerate acquired a 5% stake worth $36 billion in the iPhone maker’s stock between 2016 and mid-2018. Berkshire Hathway’s investment in Apple is now worth $160 billion as the massive rally extended into the new year.