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Warren Buffett’s net worth surpasses $100 billion for the first time as Berkshire shares hit record

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Warren Buffett.

Gerald Miller | CNBC

Warren Buffett‘s net worth topped $100 billion for the first time as Berkshire Hathaway shares rallied to record highs.

Berkshire’s Class A shares closed at a record high of $399,650 on Wednesday, bringing its 2021 advance to more than 14%. That put the “Oracle of Omaha” massive stake in the conglomerate at a market value above $99.5 billion. Taking into account Buffett’s other holdings, Forbes estimated that the legendary investor’s fortune reached about $100.5 billion as of Thursday, making him the sixth richest person in the world.

The 90-year-old Buffett currently owns 249,000 shares of Berkshire Class A stock, giving him a 38% ownership of the…



Source cnbc.com

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