Move over, Bill Gates: Baked bean investor Warren Buffett tops list of wealthiest gainers
Warren Buffett spent most of 2013 amassing fortunes of over £23million a day through investments into food manufacturing giants like Heinz
The world’s biggest financial gainer has baked beans and ketchup to thank for catapulting him ahead of Bill Gates in a new list of super-rich tycoons.
Warren Buffett spent most of 2013 amassing fortunes of over £23million a day through investments into food manufacturing giants like Heinz, which he bought earlier this year.
The investor topped the Wealth-X ‘gainers’ list for 2013, having made a staggering £7.7billion since January to bring his estimated net worth to a cool £36billion.
Buffett beat former richest man Gates back to second place. The Microsoft founder added a comparatively measly £7billion to his fortune, which is now estimated at £44.3billion (larger overall than Buffet’s).
But Buffett isn’t one to keep all the cream for himself. The 83-year-old Tycoon is a long-time advocate of high tax rates for the rich, and has given away £6.7billion of shares in his company to good causes, saying: “If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.”
Other tycoons who featured on Wealth-X’s super-rich list included Facebook inventor Mark Zuckerberg, Google co-founder Larry Page and Amazon creator Jeff Bezos.
“The individuals on the top ten list collectively gained £62billion in 2013 – an average gain of £6.2billion each,” a Wealth-X spokesperson said in a statement.
“On average, they made £18million per day in 2013 and increased their wealth by 41.6 per cent.”
See the list – and earnings – of the Top 10 below.
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