Buffett made $37 million a day in 2013

The billionaire gained $12.7 billion this year -- more wealth than anyone else in the country.

By MSN Money Partner Dec 18, 2013 1:51PM
File photo of Warren Buffett on the NBC News' 'Today' show on November 27, 2012 (© Peter Kramer/NBC/NBC NewsWire via Getty Images)By Robert Frank, CNBC

Warren Buffett gained more wealth than any other U.S. billionaire, adding $37 million a day, according to one study.


Buffett's net worth -- at least on paper -- shot up by $12.7 billion to $59.1 billion in 2013, up from $46.4 billion at the start of the year, according to Wealth-X, the wealth research firm. That works out to a paper gain of $1.5 million an hour.


Bill Gates is still the richest man in America. But he was the No. 2 gainer in dollar terms this year, with his paper wealth soaring by $11.5 billion to $72.6 billion. Casino tycoon Sheldon Adelson was third, with an $11.4 billion gain to $35.3 billion.


The gains were fueled almost entirely by rising stock prices, which boosted the value of company shares held by founders and corporate chiefs. And the wealth was spread throughout all industries, suggesting that the broad stock market gains have been the chief wealth driver this year -- rather than industry-specific gains in tech, energy or other sectors.


The top 10 billionaire gainers saw their wealth increase by a combined $101.8 billion -- more than the GDP's of Puerto Rico or Slovakia.


Here is the full list:


Top billionaire gainers in 2013


1. Warren Buffett -- $12.7 billion gain to $59.1 billion
2. Bill Gates -- $11.5 billion gain to $72.6 billion
3. Sheldon Adelson -- $11.4 billion gain to $35.3 billion
4. Jeff Bezos -- $11.3 billion gain to $34.4 billion
5. Mark Zuckerberg -- $10.5 billion gain to $24.7 billion
6. Masayoshi Son -- $10.3 billion gain to $19.1 billion
7. Sergey Brin -- $9.3 billion gain to $30 billion
8 .Larry Page -- $9.3 billion gain to $29.9 billion
9. Lui Chee Woo -- $8.3 billion gain to $19.6 billion
10. Carl Icahn -- $7.2 billion gain to $22.1 billion

More from CBNC
706Comments
avatar
What's the point of this story. Basically all it is saying is that the rich are getting richer. Tell us something we don't know, OK!
Dec 18, 2013 3:11PM
avatar
This should be linked to the article yesterday that talked about billionaires using tax shelters to avoid paying taxes on their money by setting up joke trust funds.

Buffett had a few of those....kinda makes you wonder why a guy who says the rich should pay taxes would continue to exploit a tax loophole that has saved them billions.

We need a new political party made up of only middle class people.  Lets face it, it is the only way things change because the rich party masters are screwing us over no matter who is in charge

Dec 18, 2013 3:09PM
avatar
I wonder how many jobs pertaining to his empire has been outsourced to just China and India alone.
Dec 18, 2013 3:22PM
avatar
I don't see giving money away to everyone but this country sure has some problems that he could fix. While he and Gates do give to charity, too much of it goes overseas. I refuse to donate to anything overseas while we have widows in this country having to choose between their medicine and heating their home, veteran losing their homes, or children of single mothers eating biscuits from scratch every night.
Dec 18, 2013 3:25PM
Dec 18, 2013 2:59PM
Dec 18, 2013 3:20PM
avatar

So where are all the Liberals screaming about how "Unfair" that Warren Buffet is making all that wealth?  Oh, I forgot, Warren Buffet is a Liberal, so I guess he gets a pass...

Dec 18, 2013 2:50PM
avatar
ISN'T OL WARREN A LIBERAL ??

EVIL RICH PERSON         LOL
Dec 18, 2013 3:14PM
avatar
thanks for sharing.  i'll go jump off a bridge right now due to depression re: of my "regular" earnings!
Dec 18, 2013 3:36PM
avatar
Instead of bitching about what a horrible person Warren is, why don't you follow his lead, take his advice, and implement it into your investment strategy?  I know he is helping me grow my nest egg.
Dec 18, 2013 2:59PM
avatar
What a waste. Give it to middle class white people. They are the ones being hurt the most. 
Dec 18, 2013 2:58PM
avatar
these men made a pact to give 3/4 of there wealth to charity when they die i think they are doing enough for america
Dec 18, 2013 4:10PM
avatar
This guy has enough money to write his own tax laws.
And I'm making payments on a hearing aid.
Whatever.

Dec 18, 2013 2:47PM
avatar
Hey, how about a few tablets for the schools Warren?
Dec 18, 2013 3:14PM
avatar

These men had done what most of us hasn't done enough, working hard, sleep less and persisting constantly. I don't have money but I do have what I consider a great possession... Good health

Always remember that rich in not who has a big fortune, is the one who need less to live.

Dec 18, 2013 3:04PM
avatar
sick to my stomach!!!!!!!!!!!!!!!!
Dec 18, 2013 3:23PM
avatar

This top gainers list reads like a who’s who of liberal progressives.  However, since this story is about Buffett, I can only add that this bastion of liberalism still owes 10 years worth of back taxes and has his team of accountants and lawyers fighting the IRS tooth and nail for each dollar.


He’s obviously one greedy capitalist that has discovered all he needs to do is espouse a bunch of liberal diatribe and the progressive dullards will believe him.


Dec 18, 2013 3:14PM
avatar
Is there any other surprises in this world.....Warren did not make $37 million a day..Capitalism made that amount.
Dec 18, 2013 3:02PM
avatar
If Warren gave $3000 to every person in the United Staes each year, he would still make $500,000, 000.00 (give or take) each year. I don't know about you, but my household would love to have about 3k per person per year more than what we do now. That mans wealth is ridiculous.
Dec 18, 2013 3:13PM
avatar
This is why we are going backwards.They are reapppppping it up.
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

113
113 rated 1
279
279 rated 2
416
416 rated 3
647
647 rated 4
548
548 rated 5
513
513 rated 6
669
669 rated 7
516
516 rated 8
317
317 rated 9
113
113 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
KOGKODIAK OIL & GAS Corp10
UPLULTRA PETROLEUM Corp10
TAT&T Inc9
COPCONOCOPHILLIPS9
DVNDEVON ENERGY CORPORATION9
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.