The legendary American investor Warren Buffett’s total wealth has risen to an all-time high at USD 81.5 billion (Rs 5.3 lakh crore), according to the Bloomberg Billionaires Index.
That puts the Berkshire Hathaway chairman into the third spot in the richest individual’s list, right after Microsoft’s founder Bill Gates and Amazon CEO Jeff Bezos.
The net worth of the Oracle from Omaha is equal to the per capita income (PPP) of 1.25 crore Indians or the whole population of Jammu and Kashmir (2011 Census).
What is even more interesting is the staggering pace at which his net worth has grown. In the last five years, his wealth has risen by USD 35 billion (Rs 2.28 lakh crore). That translates into USD 7.01 billion (Rs 45,684 crore) per year.
At a micro level, this would mean that the 87-year-old earned USD 13,333 per month (Rs 8.68 lakh) or USD 222 (Rs 14,467) per second.
(USD 1= Rs 65.17)
Source: Moneycontrol.com