05 Mar
Warren Buffet - Richest Man In The World
Forbes has release the latest listing of the Worlds Richest Men and the man on top is Warren Buffet. It was once hip to be in technology and be able to take over the world. Given the recent economic events, it now makes sense to own real assets such as Insurance Companies, Clothing Manufacturer, Jewelry Retailer, and many others.
The holding company Berkshire Hathaway stock has been on a tear closing at $139,000 per share, reaching as high as $151,000 per share in December 2007 (BRK.A). If anything this man is someone to keep tabs on and follow into investments. You ask what is he currently in? Berkshire’s top 5 holding include
- American Express - 12.8% ownership, worth $71.5 billion
- Burlington Northern Santa Fe - 18.3% ownership, worth $5.7 billion
- Coca-Cola - 8.6% ownership, worth $12 billion
- Johnson & Johnson - 2% ownership, worth $3.9 billion
- Kraft Foods - 8.6% ownership, worth $4.2 billion
The top 20 on Forbes list include:
- Warren Buffett
- Carlos Slim Helu
- William Gates III
- Lakshmi Mittal
- Mukesh Ambani
- Anil Ambani
- Ingvar Kamprad
- KP Singh
- Oleg Deripaska
- Karl Albrecht
- Li Ka-shing
- Sheldon Adelson
- Bernard Arnault
- Lawrence Ellison
- Roman Abramovich
- Theo Albrecht
- Liliane Bettencourt
- Alexei Mordashov
- Prince Alwaleed
- Mikhail Fridman
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