rediff.com
News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

Rediff.com  » Business » Warren Buffett made about Rs 228 crore a day in 2013
This article was first published 10 years ago

Warren Buffett made about Rs 228 crore a day in 2013

December 24, 2013 11:09 IST

Image: Warren Buffett, chairman of the board and CEO of Berkshire Hathaway, speaks in Gaston Hall at Georgetown University.
Photographs: Drew Angerer/Getty Images

American business magnate Warren Buffett made a fortune of about $37 million per day in 2013, according to Wealth-X, making him the billionaire who made the most money this year.

With a gain of $12.7 billion in 2013, Buffett’s net worth at the end of the year stands at $59.1 billion. The notable philanthropist had a fortune of $46.4 billion at the beginning of the year.

According to the report, the top 10 individuals collectively gained $101.8 billion in 2013, an average gain of $10.2 billion each.

The combined wealth of these individuals stands at $347 billion in December this year, up from $245 billion in January 2013.

Besides, on an average, they made $29 million per day in 2013 and increased their wealth by 41.6 per cent, outperforming the 24% returns seen in the S&P 500 this year.

Click NEXT to see other billionaires who made the biggest financial gains…

Tags:

Warren Buffett made about Rs 228 crore a day in 2013

Image: Investor Carl Icahn speaks at the Wall Street Journal Deals & Deal Makers conference, held at the New York Stock Exchange.
Photographs: Chip East/Reuters

Carl Icahn

Rank: 10

2013 Gain: $7.2 billion

Net Worth December 2013: $22.1 billion

Net Worth January 2013: $14.9 billion

Carl Icahn is an American businessperson who is the majority shareholder of Icahn Enterprises. He is famously called as "corporate raider" for his hostile takeovers.

Tags:

Warren Buffett made about Rs 228 crore a day in 2013

Image: Lui Chee Woo.
Photographs: Courtesy, CUHK Business School

Lui Chee Woo

Rank: 9

2013 Gain: $ 8.3 billion

Net Worth December 2013: $19.6 billion

Net Worth January 2013: $11.3 billion

Second richest man in Asia, Lui Chee Woo is the Chairman of K. Wah Group, which owns Galaxy Entertainment Group.

Warren Buffett made about Rs 228 crore a day in 2013

Image: Google co-founder Larry Page speaks with people at his lunch table during the Clinton Global Initiative in New York.
Photographs: Chip East/Reuters

Larry Page

Rank: 8

2013 Gain: $9.3 billion

Net Worth December 2013: $29.9 billion

Net Worth January 2013: $20.6 billion

Larry Page co-founded Google with Sergey Brin and succeeded Eric Schmidt as the CEO of the company.

Warren Buffett made about Rs 228 crore a day in 2013

Image: Google co-founder Sergey Brin walks the runway wearing new product "Glass by Google" after the Diane von Furstenberg Spring/Summer 2013 collection show during New York Fashion Week.
Photographs: Andrew Kelly/Reuters

Sergey Brin

Rank: 7

2013 Gain: $9.3 billion

Net Worth December 2013: $30 billion

Net Worth January 2013: $20.7 billion

Sergey Brin along with Larry Page owns about 16 per cent of Google. During initial days, Brin's focus was on developing data mining systems.

Warren Buffett made about Rs 228 crore a day in 2013

Image: Softbank Corp's Masayoshi Son.
Photographs: Yuriko Nakao/Reuters

Masayoshi Son

Rank: 6

2013 Gain: $10.3 billion

Net Worth December 2013: $19.1 billion

Net Worth January 2013: $8.8 billion

Masayoshi Son is a Japanese businessperson and the founder and current chief executive officer of SoftBank, the chief executive officer of SoftBank Mobile, and current chairman of Sprint Corporation.

Warren Buffett made about Rs 228 crore a day in 2013

Image: Mark Zuckerberg, founder and chief executive of Facebook, delivers a keynote address at the company's annual conference in San Francisco.
Photographs: Kimberly White/Reuters

Mark Zuckerberg

Rank: 5

2013 Gain: $10.5 billion

Net Worth December 2013: $24.7 billion

Net Worth January 2013: $14.2 billion

He co-founded Facebook along with Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes.

Recently, investors accused Facebook and Mark Zuckerberg for misleading them about its financial condition before its $16 billion IPO last year.

They said that Facebook should have disclosed internal projections on how increased mobile usage and product decisions might reduce future revenue.

Warren Buffett made about Rs 228 crore a day in 2013

Image: Amazon.com Chief Executive Officer Jeff Bezos.
Photographs: Richard Brian/Reuters

Jeff Bezos

Rank: 4

2013 Gain: $11.3 billion

Net Worth December 2013: $34.4 billion

Net Worth January 2013: $23.1 billion

Jeff Bezos is the founder and CEO of Amazon.com, an online merchant of a wide variety of products. Under his guidance, Amazon.com became the largest online retailer in the world.

...

Warren Buffett made about Rs 228 crore a day in 2013

Image: Las Vegas gaming giant Sheldon Adelson speaks during an interview in Hong Kong.
Photographs: Bobby Yip/Reuters

Sheldon Adelson

Rank: 3

2013 Gain: $11.4 billion

Net Worth December 2013: $35.3 billion

Net Worth January 2013: $23.9 billion

Sheldon Adelson is the chairman and chief executive officer of the Las Vegas Sands Corporation. This is the parent company of Venetian Macao Limited, which operates The Venetian Resort Hotel Casino and the Sands Expo and Convention Center.

Warren Buffett made about Rs 228 crore a day in 2013

Image: Microsoft founder Bill Gates speaks during the Millennium Development Goals event on the sidelines of the United Nations General Assembly, at the UN Headquarters in New York.
Photographs: Brendan McDermid/Reuters

Bill Gates

Rank: 2

2013 Gain: $11.5 billion

Net Worth December 2013: $72.6 billion

Net Worth January 2013: $61.1 billion

Bill Gates co-founded Microsoft with Paul Allen. He is also currently the chairman the world’s largest personal-computer software company.

Warren Buffett made about Rs 228 crore a day in 2013

Image: Warren Buffett.
Photographs: Rebecca Cook/Reuters

Warren Buffett

Rank: 1

2013 Gain: $12.7 billion

Net Worth December 2013: $59.1 billion

Net Worth January 2013: $46.4 billion

Known as the ‘Wizard of Omaha’, Warren Buffett is considered the most successful investor in the current time. Buffett is the chairman, CEO and largest shareholder of Berkshire Hathaway, a company has stake in over 55 companies.