Warren Buffett Climbs Billionaires Index With These 5 Stocks
The “Oracle of Omaha” who runs Berkshire Hathaway (NYSE:BKRA) moved up from fourth place to pass Amancio Ortega, a Spanish retail tycoon behind Inditex fashion group.
According to the Bloomberg Billionaires Index, Buffett is worth $54.6 billion, compared to Ortega’s $54.3 billion. Carlos Slim is still in first place with $70 billion, followed by Bill Gates with a net worth of $67.3 billion.
As the largest shareholder in Berkshire Hathaway, Buffett’s wealth has increased with a strong rally in stocks this year. Shares of Berkshire Hathaway have jumped more than 14 percent year-to-date.
Through decades of takeovers, stock picks, and special Buffett-only deals, Berkshire Hathaway has essentially been turned into a highly-advertised mutual fund.
Here are the top five holdings according to the most recent 13-F…