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Wednesday, April 14, 2021

Stats Gate

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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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is CEOWORLD magazine's Chief Executive and Editorial Director. Under Dr. Amarendra's leadership, CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders every day. CEOWORLD magazine is known internationally for its editorial excellence, independent, quality research, in-depth analysis, and collaborations with people and partners from around the globe. He currently sits on the company’s board of directors and global management committee.

Prof. Dr. Amarendra Bhushan Dhiraj holds a Ph.D. in Banking and Finance from European Global School in France; a Doctoral Degree in Chartered Accountancy from European International University Paris; and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He received his Master of Business Administration degree in Finance and Banking and his Master's Degree In Chartered Accountancy from European Global School Paris. He also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States. He is committed to lifelong learning. Dr. Amarendra is a Visiting Professor at Kyiv National University of Technologies and Design (KNUTD), Ukraine.

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