Posted 2/27/2024, 1:00:00 PM
Berkshire Surge Makes Buffett Even Richer While Lifting Regular Investors
- Berkshire Hathaway's value has surged to $890 billion in 2022, making it the 7th most valuable S&P 500 company
- Warren Buffett owns 14.9% of Berkshire Hathaway, a stake worth $134 billion that has gained $16.5 billion this year
- Buffett's ownership percentage is much higher than other billionaires like Jeff Bezos or Elon Musk
- The Vanguard Group and BlackRock are the 2nd and 3rd largest owners of Berkshire with multi-billion dollar gains
- Berkshire's rise is making Buffett even richer, but regular investors are also benefiting through major investment funds