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Warren Buffett's fortune crosses $ 100 billion mark

2021-03-11T03:55:30.084Z

The American businessman, head of the Berkshire Hathaway conglomerate, is doing better than Facebook boss Mark Zuckerberg.



American businessman Warren Buffett has joined the closed circle of executives whose fortune exceeds $ 100 billion, which includes Jeff Bezos, Elon Musk, Bernard Arnault and Bill Gates, according to

Forbes

magazine

.

On Wednesday March 10, the share price of his company Berkshire Hathaway hit an all-time high, pushing his fortune to $ 100.3 billion.

This is the first time that it has crossed this milestone.

Read also: These American billionaires who got richer during the pandemic

90-year-old Warren Buffett, known as the "Oracle of Omaha," is one of the most successful and respected leaders of all time, but his fortune has never reached such a peak, with investors betting in recent years on the values ​​of the technology sector.

According to Forbes, the Berkshire Hathaway conglomerate owns more than 60 companies, including US insurer Geico and battery maker Duracell.

Warren Buffett is a generous donor since so far he has given more than $ 41 billion, mostly to the Gates Foundation and his children's foundations, according to Forbes.

In 2010, he and Bill Gates launched the Giving Pledge, asking billionaires to pledge to give at least half of their wealth to charity.

Read also: The call of 121 millionaires and billionaires to pay more taxes to reduce inequalities

According to

Forbes

'

real-time ranking

of billionaires, only four executives have a higher fortune: Amazon founder Jeff Bezos (179.6 billion) followed by Tesla boss Elon Musk (165.1 billion), LVMH group Bernard Arnault (158.5 billion) and Microsoft co-founder Bill Gates (125.6 billion).

The founder of the Facebook network, Mark Zuckerberg, is in 6th position with an estimated fortune of 96.7 billion.

Source: lefigaro

All news articles on 2021-03-11

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