It’s also the result of this week’s precipitous decline in tech stocks, which has wiped about US$50bil in wealth from Silicon Valley’s richest people.
Buffett’s net worth has risen US$2.4bil this year to US$111.3bil . He now tops Zuckerberg by US$1bil , and is at his highest ranking on the Bloomberg index since last March. Buffett, 91, is the only person ranked among the world’s 10 richest whose net worth has grown year-to-date. Berkshire Hathaway’s A shares – which make up 98% of his fortune – have gained 2.3% since Jan 1.
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