Warren Buffet Just Made It Into the $100 Billion USD Club

Joining the ranks of Elon Musk, Jeff Bezos and Bill Gates.

By
Tech 
11,847 Hypes 10 Comments

After decades of being on the top tiers of the world’s richest lists, investment mogul Warren Buffett has finally made it into the highly-exclusive $100 billion USD club for the very first time.

The 90-year-old chairman of investment firm Berkshire Hathaway has joined the ranks of Elon Musk, Jeff Bezos, Bill Gates and Bernard Arnault to become five of the richest men in the world. While Buffett has neared the $100 billion USD mark for some time now, shares of Berkshire Hathaway made record highs over the past year, pushing the businessman above the threshold.

Another reason why it took Buffett longer to join the club is his charity work: since 2006, he has donated more than $37 billion USD in Berkshire Hathaway stocks. He’s also the co-founder of an organization named Giving Pledge, a campaign focused on encouraging greater philanthropy among billionaires. Just recently, Bezos’ ex-wife Mackenzie Scott also joined the pledge, donating more than $4 billion USD of her fortune over the course of just four months.

Elsewhere in business-related news, Apple has invested $1.2 billion USD in a new silicon design facility in Munich, Germany.

Read Full Article

What to Read Next

Tesla Stock Price Surges 19% Adding $75 Billion USD to Its Market Cap
Automotive 

Tesla Stock Price Surges 19% Adding $75 Billion USD to Its Market Cap

Putting an end to a five-day losing streak.

Bitcoin Has Broke Through $60,000 USD For Its First Time Ever
Tech 

Bitcoin Has Broke Through $60,000 USD For Its First Time Ever

Rallying from a 25% drop in value earlier this year.

Bitcoin Reaches Record High of $22,000 USD
Tech 

Bitcoin Reaches Record High of $22,000 USD

Surging almost $3,000 USD in a single day.


Rihanna Is Looking To Raise $100 Million USD for Savage x Fenty
Fashion 

Rihanna Is Looking To Raise $100 Million USD for Savage x Fenty

In an effort to expand into athletic wear.

Ryan Coogler Discusses Continuing 'Black Panther 2' Without Chadwick Boseman
Entertainment

Ryan Coogler Discusses Continuing 'Black Panther 2' Without Chadwick Boseman

“…this is without a question the hardest thing I’ve had to do in my professional life.”

Premium Bandai Releases 16-Inch Transforming Model RX-0 Unicorn Gundam Bust
Design

Premium Bandai Releases 16-Inch Transforming Model RX-0 Unicorn Gundam Bust

With full RGB LED lighting and sounds.

Hermès Reimagines Victoria Bag With Alternative Mushroom-Based "Leather"
Fashion

Hermès Reimagines Victoria Bag With Alternative Mushroom-Based "Leather"

Breaking away from the maison’s leather canvas traditions.


Roblox Goes Public, Shockingly Valued at $45 Billion USD
Gaming

Roblox Goes Public, Shockingly Valued at $45 Billion USD

For context, Microsoft just bought Bethesda for $7.5 billion USD.

Jason Statham and Post Malone's New Film 'Wrath of Man' Receives Official Release Date
Entertainment

Jason Statham and Post Malone's New Film 'Wrath of Man' Receives Official Release Date

The Guy Ritchie heist movie also features Scott Eastwood, Josh Hartnett and more.

Netflix Now Testing How To Stop People From Sharing Passwords
Entertainment

Netflix Now Testing How To Stop People From Sharing Passwords

You’ll have to get your own account.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Adblock Detected.

We charge advertisers instead of our readers. If you enjoy our content, please add us to your adblocker's whitelist. We'd really appreciated it.