Warren Buffett's Net Worth Rises by $6 Billion
Briefly

Warren Buffett's net worth has reached $148 billion, a $6 billion increase this year, primarily due to the performance of Berkshire Hathaway Inc. The company's stock has risen over 4% so far this year, surpassing the S&P 500. Buffett, known for his strategic investments in strong, undervalued brands, has seen exceptional long-term returns, as evidenced by a $10,000 investment in Berkshire 30 years ago growing to $682,000 today. His portfolio includes significant holdings in insurance companies and notable companies like Coca-Cola and Geico, reflecting his diverse investment approach.
Warren Buffett's net worth has increased by $6 billion this year, moving him to $148 billion, largely due to Berkshire Hathaway's rising value.
Buffett's strategy involves buying undervalued public companies with strong brands; a $10,000 investment in Berkshire 30 years ago would now be worth $682,000.
His typical investments include insurance companies, for which he remarked, 'It's so much fun because you get the money at the start.'
Read at 24/7 Wall St.
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