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United States Federal Prosecutors Investigate Billionaire Jimmy Haslam of Alleged Payments to Senior Executives of Pilot Trade Centers to Increase Value of Shares in Sale to Warren Buffett Berkshire Hathaway, Jimmy Haslam Alleged Warren Buffett Executives Had Changed Earning Accounting Methods That Will Reduce His Share Value by $1.2 Billion

16th December 2023 | Hong Kong

United States federal prosecutors are investigating billionaire Jimmy Haslam with $8.5 billion fortune of alleged payments to senior executives of Pilot Trade Centers to increase the value of shares in sale to Warren Buffett’s Berkshire Hathaway, while Jimmy Haslam alleged Warren Buffett’s executives had changed earning accounting methods that will reduce his share value by $1.2 billion.  In 2017, Berkshire Hathaway had acquired 38.6% Pilot Trade Centers (United States largest truck stops & travel centres), and 41.4% in early 2023 (80% total shareholding) for $11 billion.  His father (James Haslam) founded Pilot Oil Corporation (gas station) in 1958.  The group operates Pilot Flying J, Pilot Travel Centers, and Mr. Fuel brands, providing truck drivers & motorists gas, restrooms, parking, laundry & showers, franchises including Subway, Denny’s, McDonald’s & Dairy Queen.   Billionaire Jimmy Haslam with $8.5 billion fortune owns NBA basketball team Milwaukee Bucks, NFL Cleveland Browns & MLS Columbus Crew.  

“ United States Federal Prosecutors Investigate Billionaire Jimmy Haslam of Alleged Payments to Senior Executives of Pilot Trade Centers to Increase Value of Shares in Sale to Warren Buffett Berkshire Hathaway, Jimmy Haslam Alleged Warren Buffett Executives Had Changed Earning Accounting Methods That Will Reduce His Share Value by $1.2 Billion “

 



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United States Federal Prosecutors Investigate Billionaire Jimmy Haslam of Alleged Payments to Senior Executives of Pilot Trade Centers to Increase Value of Shares in Sale to Warren Buffett Berkshire Hathaway




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