Warren Buffett Net Worth 2016 – Despite all the volatility and uncertainty in 2016, it was still a good year for investors – for some, though, it was a good year for investors.
Good year We consulted Bloomberg’s real-time wealth tracker, Bloomberg Billionaires, for the latest to add the biggest profit to their heads since last January. While number one won’t surprise you, the others might.
Warren Buffett Net Worth 2016
Here, a summary of the year through the eyes of the incredible personal wealth that got just more amazing. File it here under “return on capital exceeding economic growth”, 2016 edition.
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Billionaire investor Warren Buffett speaks at the ‘Detroit Homecoming’ event on September 18, 2014 in Detroit, Michigan. Bill Pugliano Getty Images
The richest person in the world, according to Bloomberg estimates, but the most famous investor in the world saw the biggest gains in 2016, ending the year with a total increase of $ 11.8 billion – up 19% from this time in 2015 (admittedly not, Buffett’s favorite). But 2016 was also the year we learned that the powers of the Omaha oracle do not extend to predicting election results.
Microsoft founder Bill Gates speaks to the media after meeting with US President Donald Trump at Trump Tower in New York on December 13, 2016. TIMOTHY A. CLARY AFP/Getty Images
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Retaining his position as the world’s richest man for the fourth consecutive year (he took the title in May 2013), Gates earned a solid $9.8 billion this year, representing a total gain of 12% since 2015. The Microsoft co-founder – who just launched a new clean energy hedge fund this month – won’t need to go chicken-raising after all.
Harold Hamm, chairman of [hotlink]Continental[/hotlink] Resources Inc., poses for a photo near an oil rig off Watonga, Oklahoma, US, Wednesday, October 22, 2008. Larry Smith-Bloomberg via Getty Images
Breaking the top 50 in terms of total wealth this year (he’s number 53, according to Bloomberg), Hamm came out on top in terms of percentage gains in a real landslide: the Oklahoma oil magnate, until recently A possible choice for Trump’s energy secretary, he saw his net worth increase by 121.5%. Part of that is due to the OPEC agreement in November, in which the group agreed to cut production. After the announcement, Hamm made $3 billion in three hours.
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In this photo, a Mars chocolate cake is seen on February 23, 2016 in Bristol, England. Matt Cardy – Getty Images
(Includes: Marijke Mars, Valerie Mars, Pam Wright-Mars and Victoria Mars. Excludes: John Mars and Jacqueline Mars, who both had losses.)
The owner of the largest candy company in the world, the Marses are known both for their intense secrecy (as a rule, they do not give interviews) and their intense wealth (third place on the Forbes list of the families richest in America). After former Mars Company co-chairman Forrest E. Mars, Jr. died in July this year, his 33% stake in the company was split equally between his four daughters, leaving Marijke Mars, Valerie Mars, Pam Wright-Mars and Victoria Mars among the financial beneficiaries the largest in 2016: the four saw an increase of 7 .9 billion, bringing their individual net worth – according to Bloomberg – to $7.9 billion. (All four have worked in the family business.)
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Jeffrey “Jeff” Bezos, president and chief executive of Amazon.com Inc., listens during a meeting with US President Donald Trump and technology leaders at Trump Tower in New York, US, Wednesday, December 14 , 2016. Albin Lohr -Jones / Pool —Bloomberg via Getty Images
Buffett, and while the world is now back on his shoulders, the CEO of Amazon still had a year: the company had its most profitable quarter ever and saw the success of its AWS Cloud platform going up with amazing speed. Overall, Bezos ends the year with his 12.6% increase. With any luck, next year the billionaire will spend some of it on more colorful side projects — which already include the Washington Post, a 10,000-year clock and a top-secret self-funded rocket ship company.
OCTOBER 22, 2016: Bernard Arnault, Director General of the Louis Vuitton Foundation, poses for a photo outside the Louis Vuitton Foundation building, which has opened Icons of Modern Art.Dominique Boutin/TASS—Getty Images.
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Chairman of LVMH, and a typically stylish Frenchman, Arnault ends the year on a high note. The company’s stock has soared, partly thanks to its strong performance in China, leaving France’s richest man around $7.1 billion richer than at this time last year. when he was just the 15th richest billionaire in the world. (It is now the 13th.)
This photo taken on June 27, 2003 shows Vladimir Lisin, Chairman of the Board of the Novolipetsky Metallurgical Plant at the plant’s shooting range in Lipetsk. STRINGER AFP/Getty Images
The president of Novolipetsk Steel, Lisin, has seen his net worth rise in 2016: according to Bloomberg estimates, the steel and arms enthusiast is up 73.2% this year, making him the 70th person richest man in the world, and the only man who serves as the chairman of both the Russian Shooting Federation
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Mark Zuckerberg, CEO and founder of [hotlink]Facebook[/hotlink] Inc., shows off the Oculus Rift (VR) virtual reality headset and Oculus Touch controller while giving a presentation at the Oculus Connect 3 event in San Jose, California, USA, Thursday, October 6, 2016. David Paul Morris-Bloomberg via Getty Images
What a year it has been for the founder and CEO of Facebook: he settled down to be a father and also gave birth to a personal AI system. He gave the Pope a drone. He was named businessman of the year and announced plans to cure every human disease. Despite initial objections to each other, it eventually came to terms that Facebook is a kind of media company after all. Oh, and his personal net worth increased by 11.9%.
Las Vegas Sands Corporation Chairman and CEO Sheldon Adelson attends a press conference ahead of the opening of the new Sands The Parisian resort in Macau, September 13, 2016. ANTHONY WALLACE AFP/Getty Images
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Casino tycoon and pot defender Adelson made most of his headlines this year during the US presidential campaign for his support of then-candidate Trump, but he wasn’t the only one his gain of the year: the Bloomberg Billionaires Index has raised the president of Las Vegas Sands. solid to 23.2% when this is written. That was after he opened a $3 billion casino called the Parisian in Macau, the Chinese gambling center that seems to be on the rise.
Billionaire Wang Jianlin, chairman and president of Dalian Wanda Group Co., attends the Hong Kong Asian Financial Forum (AFF) in Hong Kong, China, Monday, Jan. 18, 2016. Justin Chin-Bloomberg via Getty Images
Where there are winners, there are also losers, and unfortunately, this year Dalian Wanda Group chairman Wang falls into the latter camp: on December 27, Bloomberg real estate mogul ( and superfan Nicole Kidman) down 16%, thanks in part to the rising dollar, making him the 21st richest person in the world. Two crossed lines forming an “X”. It indicates a way to close an interaction or delete a contact.
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With a net worth of $87.1 billion, “The Oracle of Omaha” is currently the third richest person in the world – but it doesn’t work that way.
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His small home in Nebraska is worth only 0.001% of his total wealth and he never spends more than $3.17 on his McDonald’s breakfast every day.
For those who knew him from the beginning, Buffett’s success will come as no surprise: he picked stocks when he was 11 and had accumulated the equivalent of $53,000 in today’s dollars by the time he was 16.
But Buffett isn’t just a master at making money—he’s also good at giving it away. Although he did not start giving until later in life because of his first wife, Buffett is now considered one of the world’s most generous philanthropists, having has given $27 billion to causes over the past ten years.
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Inspired by a Quora thread that asked “What are some surprising facts about Warren Buffett,” we collected 24 surprising facts about the legendary investor and his enormous fortune.
While his elementary school classmates dreamed of the big leagues and Hollywood, 10-year-old Buffett lunched with a member of the New York Stock Exchange and set life goals.
Buffett’s legendary career began with an epiphany at age 10 while on a trip to New York City with his father.
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After dinner with a member of the NYSE he put the idea in young Buffett’s head to organize his life around money.
By the time Buffett was a teenager, he was already bringing in about $175 a month—more than his teachers (and most adults).
Paper delivery was just one of many small businesses in my teenage years
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