NewsLocal News

Actions

Warren Buffett's fortune tops $100B as his stock soars

Warren Buffett bet benefits Girls Inc.
Posted at 7:08 PM, Mar 10, 2021
and last updated 2021-03-10 20:08:08-05

OMAHA, Neb. (AP) — Investor Warren Buffett’s fortune has surged above $100 billion, thanks to shares of his company setting a record high.

Berkshire Hathaway’s Class A shares climbed to $407,750 Wednesday before closing at $398,840.

Berkshire's shares have generally been gaining since Buffett released his annual letter to shareholders late last month.

Buffett’s fortune, which is tied to his ownership of 248,734 Class A shares, topped $101 billion at the stock’s peak Wednesday.

But he would be worth significantly more if he hadn’t given away more than $37 billion worth of Berkshire stock to the Bill and Melinda Gates Foundation and several other charities since 2006.

Download our apps today for all of our latest coverage.

Get the latest news and weather delivered straight to your inbox.