Warren Buffett is the only one of the world's 10 wealthiest people to see his fortune shrink this year, as hisBuffett's net worth has dropped by $529 million to $107 billion since the start of January, according to the. The decline reflects an almost 1% dip in Berkshire's stock price this year, compared with a 5% gain for the benchmark S&P 500 index and a 10% increase in the Nasdaq Composite.
Similarly, Amazon founder Jeff Bezos' net worth has jumped by $17 billion to $124 billion, and Microsoft cofounder Bill Gates rounds out the top five with a modest $2 billion gain to $111 billion. Amazon stock has jumped 17% this year, while Microsoft stock has inched up 1%. Buffett's rich-list peers have made money on paper this year thanks to a positive turn in market sentiment.
Investors flocked to Berkshire stock in 2022, sending its stock price up about 3% even as the S&P 500 slumped 19% and the Nasdaq tumbled by one-third.
They told us he never bets wrong - what happened this time?
Poor I don’t think so he got Amex share which gains $30 per share just in a week and also let’s see how much Manet he got from Apple
Poor and poorer, which one better
He was trying to understand crypto
ho dear how sad