Amazingly with all of the roller coaster activity in the economy, Forbes reports that Warren Buffett comes out ahead!  Is Warren Buffett Recession Proof?  Take a look at the how the richest in the world fared:

NAME                                 AUG.29 NET WORTH       OCT.1 NET WORTH

  • Sheldon Adelson                            $15.0 billion                  $11.0 billion
  • Charles Ergen                                         8.1                                 5.9
  • Lawrence Ellison                                   27.0                               25.4
  • Carl Icahn                                             12.0                               10.4
  • Sergey Brin                                           15.9                                14.4
  • Larry Page                                            15.8                                 14.3
  • Harold Hamm                                       7.0                                    5.5
  • Bill Gates                                             57.0                                  55.5
  • Michael Dell                                        17.3                                  15.9
  • Dan Duncan                                          7.6                                    6.3
  • Kirk Kerkorian                                      11.2                                  10.0
  • Jeffrey Bezos                                          8.7                                    7.6
  • Warren Buffett                                      50.0                                  58.0

So Warren Buffett also appears to have passed up Bill Gates on the list!  I don’t know if Warren Buffett is Recession Proof or not, but gaining 8 billion in one of the worst performing months for the stock market is not bad!

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