Despite the stock market chaos, Warren Buffett is still $12.7 billion richer by 2025.
In contrast, U.S. tech billionaires have lost more than $400 billion this year amid trade war turmoil.
Buffett’s Berkshire Hathaway holds more than $300 billion in cash.
Amid the tariff-induced stock market chaos, Warren Buffett has held up well.
As of Friday, the 94-year-old billionaire investor is still $12.7 billion richer, making him the world’s fifth-richest person with a net worth of $155 billion, according to Bloomberg data.
The gains are impressive given the huge wealth losses, especially among U.S. tech billionaires, since Trump’s “Liberation Day” announcement of massive tariffs.
So far this year, U.S. tech billionaires have lost more than $400 billion, with Tesla CEO Elon Musk suffering the biggest loss of $130 billion.
Even factoring in Monday’s market sell-off, Berkshire Hathaway’s stock is still up about 6% year to date. By comparison, the tech sector is down 23% since the start of the year.
Another big win for Buffett and his Berkshire Hathaway is the company’s massive cash pile.
With a record $334 billion in cash and cash equivalents through 2024, Berkshire Hathaway will have plenty of breathing room if the conglomerate decides to invest that money during a major stock market sell-off.
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