Early Berkshire Investor Joins Forbes 400 After Shares Soar Over 4 Million Percent

Stewart Horejsi, an early Berkshire Hathaway investor, joined the Forbes 400 list this year with a $3 billion net worth.

Horejsi first bought Berkshire shares in 1980 for less than $300 each; they are now worth over $500,000 per share.

Horejsi attended over 30 of Warren Buffett's annual meetings and saw Berkshire grow from a small firm to a $750 billion conglomerate.

Buffett has overseen a more than 4 million percent increase in Berkshire's stock value since becoming CEO in 1965.

Horejsi's fortune shows the rewards of investing in quality companies like Berkshire and holding shares long-term, validating Buffett's investment philosophy.