Buffett is currently seventh on the Bloomberg Billionaires Index – a daily ranking of the world’s richest people. The index lists his net worth at roughly $73 billion… and he earned it all through investing.
The “Oracle of Omaha” invests through his conglomerate holding company Berkshire Hathaway (BRK-B), which he took over in 1965. Since then, Buffett has generated a compound annual return of around 20% per year on average while managing Berkshire’s investments. Every $10,000 investment in Berkshire Hathaway at the start of 1965 was worth $274 million at the end of 2019.
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