22
Oct
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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