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Buffett earns $37 million a day

By Judy Martel · Bankrate.com
Monday, December 30, 2013
Posted: 6 am ET

Add this tidbit to the proof that the rich are getting richer: Billionaire investor Warren Buffett gained an estimated $12.7 billion in 2013, or a jaw-dropping $37 million a day. That hikes his net worth to $59.1 billion, according to research firm Wealth-X.

Warren Buffett

Warren Buffett added $37 million a day to his personal net worth in 2013.

Although Buffett gained the most wealth in 2013, it didn't vault him to the top of the list of the world's richest. That honor still belongs to Bill Gates, chairman of Microsoft, who made $11.5 billion in 2013, boosting his net worth to $72.6 billion. He's second on the list of billionaires who increased their wealth the most this year.

Collectively, the top 10 billionaire gainers in 2013 added $101.8 billion to their personal balance sheets. Their combined wealth now totals $347 billion. On average, they earned $29 million per day, increasing their wealth by 41.6 percent for the year. Compare that to the 24 percent increase this year in the S&P 500.

The top five on the list are American. Third, after Buffett and Gates, is casino magnate Sheldon Adelson. He added $11.4 billion to his fortune, which now stands at more than $35 billion.

Amazon's Jeff Bezos, who gained $11.3 billion in 2013, is fourth on the list. His personal fortune is now $34.4 billion. Mark Zuckerberg, founder of Facebook, rounds out the top five, with a gain of $10.5 billion that brings his net worth to $24.7 billion. Not bad for a guy who hasn't seen his 30th birthday yet.

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3 Comments
olivia
February 18, 2014 at 9:12 pm

hi mr my name is Olivia iam 10 my daddy was in a wreck and cant work and now me and my sister ans mom have to stay with my grandma and granpal would you loan me some money like $200 so we can all live togather again my dad is in tennsee looking for work so we can go live with him I can pay you back when I get big and work hard thank you mr

Matthew Walden
January 27, 2014 at 8:46 pm

It's easier for a Camel to get through the eye of a needle, than it is for a rich man to get into heaven! I think Warren Buffett and Bill Gates are Great Men for their charitable work. But I'm not the Judge.

CLAIRE CAPELOTTI
January 03, 2014 at 11:58 am

hELLO mR. BUFFET, i AM NOT A BEGGAR, BUT i HAVE HIT SOME REALLY BAD TIMES. THREE STROKES,HAD GUM PROBLEMS. i NOW LIVE IN A 1 ROOM APTARTMENT.i KNOW IT SOUNDS SO GRUBBY,BUT i THOUGHT WERE YOU HAD SO MUCH MONEY, YOU MAY HAVE PITTY ON A 62 YEAR OLD WOMAN. i DON,T HAVE MUCH MORE TIME , MY FAMILY DIED EARLY. IT WOULD BE GREAT TO GO OUT A LITTLE HAPPY. THANK YOU FOR LOOKING AT THIS GOD HAS BEEN GOOD TO YOU..GOODBYE

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