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Warren Buffett has joined Bezos, Musk, and Gates in their exclusive club by beco...

 3 years ago
source link: https://ceoworld.biz/2021/03/11/warren-buffett-has-joined-bezos-musk-and-gates-in-their-exclusive-club-by-becoming-worth-more-than-100-billion/
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Warren Buffett has joined Bezos, Musk, and Gates in their exclusive club by becoming worth more than $100 billion.

Warren Buffett is now worth more than $100 billion, according to the Bloomberg Billionaires Index. This means he joins Jeff Bezos, Elon Musk, Bill Gates, Bernard Arnault, and Mark Zuckerberg as the 6th person in the elite $100 billion club. Bloomberg reported that his wealth has grown by nearly $12.8 billion this year.

Amazon’s Jeff Bezos is listed as the world’s richest man with a $180 billion fortune, as of March 11, 2021. The 90-year-old investor Warren Buffett’s fortune surged above $100 billion Wednesday when shares of his company hit a record high at over $400,000 apiece. Berkshire Hathaway’s Class A shares climbed to $407,750 Wednesday before giving up some ground to close the day at $398,840. The Class B shares of the Omaha, Nebraska, based conglomerate were selling for a much more affordable price of $263.99.

Warren Buffett’s Berkshire owns more than 90 companies outright, including GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, Forest River, NetJets, and several major utilities. Berkshire also holds major investments in Kraft Heinz Company, Apple, Coca-Cola, Bank of America, American Express, and other stocks.

There are only six people in the tribe of centibillionaire in the world — Jeff Bezos, Elon Musk, Bill Gates, Bernard Arnault, Mark Zuckerberg, and Warren Buffett. Centibillionaires are super-rich people who have $100 billion or more. Three of the five centibillionaires are from the US while one of them is from Europe. The $100 billion club could soon see new entrants — Google founders Larry Page and Sergey Brin. They are worth $94.2 billion and $91.1 billion respectively, as of August 27, 2020.

Members of the world’s $100 billion club:

  1. Jeff Bezos: $180 billion
  2. Elon Musk: $173 billion
  3. Bill Gates: $138 billion
  4. Bernard Arnault: $122 billion
  5. Mark Zuckerberg: $101 billion
  6. Warren Buffett: $100 billion

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