Top 10 Richest People In The World - 6

6. Warren Buffett

Age: 92
Birthplace: Nebraska
CEO: Berkshire Hathaway (BRK.A)
Net worth: $103 billion
Berkshire Hathaway owns: 16% ($102 billion)
Other assets: $1.05 billion in cash

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Top 10 Richest People In The World - 10

Warren, known throughout his life as a value investor, filed his first tax return in 1944 at the age of 14 and reported his net income on paper as a child.

In 1962 he invested in a textile company called Berkshire Hathaway and in 1965 he became the majority shareholder.

Top 10 Richest People In The World - 6

Top 10 Richest People In The World – 6

In 1967, Buffett expanded his corporate holdings into insurance and other investments.

Berkshire Hathaway is now his $657 billion company and on November 1, 2022 one of his shares (Class A) is trading above his $443,841.

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Often referred to as the Oracle of Omaha, Buffett is a buy-and-hold investor who has made his fortune buying undervalued companies.

Most recently, Berkshire Hathaway invested in large, well-known companies.

The wholly-owned subsidiary’s product portfolio includes insurance, power distribution, rail and consumer goods.

Buffett is known as a bitcoin skeptic.

Buffett puts most of his fortune into charity.

From 2006 to his 2020, he gave away his $41 billion.

Much of this was donated to the Bill and Melinda Gates Foundation and his children’s charities.

Buffett co-founded The Giving Pledge in 2010 with Bill Gates.

Buffett, 92, will remain CEO but said his successor would likely be Gregory Abel, who runs Berkshire’s uninsured business.

Top 10 Richest People In The World - 10

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