Famed billionaire investor Warren Buffett has been diagnosed with stage-1 prostate cancer, according to Bloomberg TV and other reports. Berkshire Hathaway, the firm where the 81-year-old Buffett is CEO, said the diagnosis “isn’t remotely life threatening.”
Buffett said in a letter to shareholders Tuesday that he received his diagnosis last Wednesday, according to the Wall Street Journal. He added that the scans that detected the prostate cancer “showed no incidence of cancer elsewhere in my body.” He wrote that he plans to begin a two-month daily regimen of radiation treatment starting in mid-July.
Buffett added that he would let shareholders know “immediately” if his health situation changes.
“Eventually, of course, it will; but I believe that day is a long way off,” Buffett wrote in the letter.
Posted in: Misc.– April 17, 2012