Warren Buffett joins US $ 100 billion club! - Kakiforex.com - Financial Market Media No. 1 in the World Warren Buffett joins US $ 100 billion club! Warren Buffett joins US $ 100 billion club!

March 11, 2021

Warren Buffett joins US $ 100 billion club!

 Warren Buffett eventually joined an exclusive US $ 100 billion club that also includes top tycoons such as Elon Musk, Jeff Bezos and Bill Gates.

Buffett, 90, who is also chairman of investment firm Berkshire Hathaway, has seen his company’s shares soar to record highs this year.

Yesterday, the value of his fortune reached more than US $ 100 billion for the first time.

Elevated as the most successful investor in the world, Buffett often donated billions worth of his assets to charity.

Although Buffett has been at the top of the list of the richest people in the world for decades, the value of his wealth has not reached US $ 100 billion to date.

One of the reasons is his generous attitude. Buffett has donated $ 37 billion in Berkshire Hathaway shares since 2006.

Buffet is a co -founder of the Giving Pledge campaign. The ex -wife of Amazon founder Jeff Bezos, Mackenzie Scott, also contributed US $ 4 billion in the four months of last year through the campaign.

The value of Buffett’s wealth came from the interest he owned in Berkshire Hathaway. He owns 1/6 of the company's market value of about US $ 600 billion.

The company's share price jumped 15% this year, surpassing US $ 400,000 a share.

The investment firm has faced a difficult period in recent years to enter into agreements to drive its growth.

The Omaha -based company is the largest shareholder of Apple and other technology stocks.

Berkshire Hathaway was a failed textile company before Buffett took over in 1965. The firm now owns more than 90 businesses.