Business

Buffett boosts jewelry store sales to shareholders

Posted May 04, 2011 11:00 pm

Associated Press

OMAHA, Neb. — Billionaire Warren Buffett's short time as a Borsheims salesman last weekend helped boost sales at the Omaha jewelry store his Berkshire Hathaway company owns.

Buffett closed several deals while working as a salesman on Sunday as part of the special events for Berkshire Hathaway shareholders that surrounded Saturday's annual meeting.

Borsheims officials say this year's sales for the first week of the special two-week shareholder discount period are 45 percent higher than last year, but they refuse to release specific sales figures.

Borsheims President and CEO Susan Jacques says Buffett would be a welcome addition to the sales team anytime.

Of course this wasn't the first time Buffett had helped sell jewelry at Borsheims. In 1993, he brought Bill and Melinda Gates there, so they could choose her engagement ring.

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