Warren Buffett, a renowned billionaire stockholder, who supported Hillary Clinton’s campaign during the last presidential run has in fact benefited quite a bit more as his firm, Berkshire Hathaway ended up making a fortune once Trump won and the stock market results went haywire.
Mr. Buffett’s current net worth has reached up to a mere $73.9 billion, making him the second richest man in the world, beating the Spanish billionaire Amancio Ortega by just $400 million, and standing behind Bill Gates, Microsoft owner and founder.
Ever since the stock market results came out after Trump’s win, Mr. Buffett’s budget rose by $7.9 billion, about 11.6%, as well as jumping two notches further in terms of the richest candidates. As Amazon’s budget dropped by $1.3 billion, the CEO Jeff Bezos dropped to fourth place after the election.
Ortega as well dropped behind in third place, whose budget as of now currently stands at $73.5 billion. “I will predict that if either Donald Trump or Hillary Clinton become president, Berkshire will do fine,” Mr. Buffett stated, and as he said, this statement has undoubtedly showed complete accuracy in the matter.
Buffett was known to be a Clinton supporter, and even went to support her campaigns in his hometown Omaha, Nebraska, along with demanding Trump to discharge his tax returns, as well as volunteering to help move voters for Clinton to Omaha free of charge to the polls.
Back in 1982, Buffett had made it to FORBES for the first time when he was officially included on the list of the world’s 400 richest people, and his wealth at the time had been around $250 million. His stature as billionaire arrived just a few years later in 1985. At some point in 2008, for that year alone he was considered to be the richest person in the world, owning up to $62 billion of net worth.