1 min read.Updated: 08 Mar 2022, 05:40 AM ISTBloomberg
It’s the first time in a year that Warren Buffett, 91, has ranked this high among the listing of the world’s 500 richest people
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Warren Buffett is back among the richest five people in the world amid steep drops in tech stocks that are eroding the wealth of Silicon Valley executives. Buffett’s fortune has grown 7.2% this year to $116.7 billion as shares of his Berkshire Hathaway Inc. have rallied, putting him in fifth place on the Bloomberg Billionaires Index. Over the same period, tech billionaires such as Tesla Inc.’s Elon Musk and Amazon.com Inc.’s Jeff Bezos have seen their net worths drop by 15% or more.