US EditionWarren Buffett gained $13 billion amid Wall Street carnage that wiped out trillions
- Warren Buffett gained $12.7 billion in wealth during a market sell-off caused by U.S. President Donald Trump’s tariffs, making him the only billionaire whose net worth rose despite the turmoil.
- The S&P 500 fell 10.5% in a historic rout, losing $536 billion in total net worth for billionaires, which is the steepest loss on the Bloomberg Billionaires Index.
- Buffett's strategy of selling stocks and accumulating $334 billion in cash helped protect his wealth amidst significant losses among other billionaires.
- The VIX Index surged, indicating increased investor fear, while market observers noted that Trump's tariffs might escalate economic downturn risks.
35 Articles
35 Articles
Hackers Breach Berkshire Hathaway’s NetJets, Steal Client Data
NetJets Inc., a private jet company owned by billionaire investor Warren Buffett’s Berkshire Hathaway, is investigating a data breach after a hacker stole information about some of its clients, according to two people familiar with the incident and an email seen by Bloomberg News.
Warren Buffett’s Net Worth Jumps $12 Billion
A market collapse and worries about a global recession have driven people out of stocks. Some investors have even sold U.S. Treasury bonds, which are supposed to be among the safest investments in the world. The money from these sales has begun to move into cash. 24/7 Wall St. Key Points: Warren Buffett’s net worth has risen by $12 billion since the start of the year. Berkshire Hathaway Inc. (NYSE: BRK-B) stock has outperformed the broader ma…
The chaos on the markets, triggered by Trumpian tariffs, is the last piece of a storm that has destroyed the assets of America's Scrooges
Buffett wealth up despite market rout but Musk takes US$134b hit
Staff reporter and Bloomberg Warren Buffett's wealth is estimated to have increased 8 percent this year, despite losing US$14.5 billion (HK$113.1 billion) after US President Donald Trump unveiled sweeping tariffs on April 2 which sent stock markets into a tailspin and US billionaire Elon Musk's net...
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