Buffett made $37 million a day in 2013
The billionaire gained $12.7 billion this year -- more wealth than anyone else in the country.
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
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
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
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...
And I'm making payments on a hearing aid.
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.
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.
Our current economy is nothing more then a gigantic monopoly game. Just like playing it with a few people at the kitchen table, it becomes rather self-evident before long that the money and the assets are beginning to drift toward one player. Once that person holds a disproportionate amount of the wealth on the board, the game is essentially over for everyone else as they slowly spiral into debt and ultimate demise....game over.
The Wall Street 'casino boys', The Fortune 500 corporations, their CEO's, the super-rich and the power/elite now control the entire 'board' because their veritable tsunami of money has purchased all of the power in the highest places... our totally corrupt Congress. This power play on Capitol Hill, (should be spelled Capital Hill), protects their interests by fostering policies and passing laws that benefit the corporations and the privileged few. Everyone is equal in this country? A level playing field for all?... guess again. No matter what happens, the rich can only get richer because they control all of the money and almost all of the power to make all of the rules of the game...and for the other 312 million average Americans that will never change.
Peace to all ~
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Investors are anxious to see if hiring can maintain its strong pace in the second half of the year.
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