On Wednesday local time, Warren Buffett's wealth reached 100 billion US dollars. Investors put his company inBerkshire HathawayThe company's stock price pushed to record levels.
According to statistics from “Forbes” magazine, Buffett's net worth comes almost entirely from holding one-sixth of Berkshire's shares. Berkshire is a company with a market capitalization of about 600 billion US dollars.
Berkshire Hathaway's stock price rose sharply in March, and its Class A shares surpassed $400,000 on Wednesday.
Earlier, the company headquartered in Omaha, Nebraska, said on February 27 that despite the spread of the epidemic, the company's operating performance in the fourth quarter had improved.applesThe rise in other stocks drove total profits of $35.8 billion.
If it weren't for starting donating Berkshire stock to the Bill and Melinda Gates Foundation and four family charities in 2006, the net worth of 90-year-old Buffett would have been even higher.
Buffett previously owned nearly one-third of Berkshire's shares, and his total donations have exceeded 37 billion US dollars.
When Buffett took over Berkshire in 1965, it was still a textile company on the verge of collapse. Currently, the company owns more than 90 companies, such as Geico Auto Insurance Company and BNSF Railways. As of the end of last year, the company held shares worth 281.2 billion US dollars.
As one of the most famous investors in the world, Buffett was once the richest person in the world, but was surpassed by several executives whose company's stock prices rose faster.
Until this year, including dividends from the past 10 years, Berkshire's stock price had been lagging behind the S&P 500 index.
The stock outperformed the market in 2021, and some analysts raised their target stock prices this month.
According to “Forbes”, Buffett ranked fifth on the list of the world's richest people, rankingAmazonsThe company's Jeff Bezos,TeslaElon Musk of the company, Bernard Arnault of the Moet Hennessy Group and their families and philanthropists andMicrosoftAfter co-founder Bill Gates.