What is Warren Buffett's salary

That's how fast Warren Buffett's fortune is growing

Warren Buffett is the 20th century's most successful investor. Hardly any other investor has managed to outperform the benchmark index S&P 500 as often as the star investor.

Warren Buffett, born on August 30, 30, is often referred to as the “Oracle of Omaha” because of his accurate predictions. What many investors may not know: The investment genius made 99% of his fortune after his 50th birthday. Behind Bill Gates and Amancio Ortega, Warren Buffett is currently considered one of the richest men in the world.

Many investors are wondering where does Warren Buffett's fortune come from? A look at the figures:

The Wealth of Warren Buffett

Although Warren Buffett donated $ 20 billion to charity during his lifetime, the star investor is getting richer. After Buffett had net worth of US $ 59.1 billion in 2013, the net worth of the investment legend climbed to US $ 60.8 billion in 2016.

For the German average wage earner, this is of course an unimaginable value, which is perhaps a little more tangible through the display in real time.

You are since {{current time | utc | date: 'HH: mm: ss'}} on this page. During that time, Warren Buffett's net worth has increased by the following amount:

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For the year as a whole, Warren Buffett's net worth grows by nearly $ 13.5 billion. If you factor this down, Buffett makes about $ 36.99 million every day, which is an increase of about $ 428 per second. For comparison: the average German with a gross annual wage of € 31,981 earns US $ 0.0011 per second, taking into account the current exchange rate.

Buffett makes $ 37 million a day

Buffett has been running the investment holding company Berkshire Hathaway since the 1960s. As Chief Executive Office (CEO), he received a pure salary of $ 100,000 in 2015. But Buffett deserves more, a lot more.

The majority of his net worth came from his stake in Berkshire Hathaway. Buffett earns an average of around $ 37 million per day - that's around $ 1.54 million per hour.

Berkshire Hathaway: $ 1,000 becomes $ 11.5 million

The asset gains at Berkshire Hathaway are primarily due to the investment holding's largest holdings. These are, in particular, Wells Fargo, Coca-Cola, American Express and IBM.

In 1965 a Berkshire Hathaway (A-share) was still available for US $ 19; today the stock is trading around the $ 214,430 mark. The paper thus recorded an annual increase in value of around 21.6%.

This turned US $ 1,000 into assets of US $ 11.5 million (€ 10.1 billion). But even those who joined later in 1990 and invested US $ 1,000 can look forward to a fortune of over US $ 33,000 today. With Warren Buffett at the helm, Berkshire Hathaway stock has performed a staggering 1,826,163% over 50 years.

Despite the success, Buffett remains humble

In 2014, Buffett held 350,000 Class A shares of Berkshire Hathaway and 3,770,934 Class B shares. This means that Buffett Berkshire holds Class A shares valued at around US $ 77 billion, while the value of the Cash B shares adds up to over US $ 546,785.

Despite the immense growth in assets, the star investor remains modest. Buffett still lives in the same Omaha house that he bought in 1957 for $ 31,500. In addition, the investment legend wants to donate 99% of his wealth during his lifetime or after his death.

Two conglomerates that will benefit from the crisis in the long term The two US companies Berkshire Hathaway and Danaher are excellently positioned for the time after the corona pandemic. > read more

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