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warren buffett sees wealth surge while tech billionaires face losses

Warren Buffett's net worth surged by $12 billion this year, reaching $155 billion as of April 2025, making him the only billionaire in the top 10 to see an increase. His wealth was bolstered by a 3% rise in Berkshire Hathaway shares, contrasting sharply with significant losses reported by tech billionaires and others. A staunch philanthropist, Buffett has pledged to donate over 99% of his fortune, having already contributed $62 billion to charitable causes.

global markets plunge as trump tariffs erase billions in billionaire wealth

Investors are facing significant losses as President Trump's unexpected tariffs led to a dramatic sell-off in global markets, erasing $2.4 trillion in value, with tech giants hit hardest. Billionaires like Mark Zuckerberg and Jeff Bezos saw substantial wealth declines, while fears of a potential global recession loom. Analysts predict legal challenges to the tariffs and possible negotiations, as markets brace for further downturns.

buffett remains cautious amid market turmoil and economic uncertainty

Warren Buffett, known for his value investing strategy, is currently holding a substantial cash reserve of $321 billion, waiting for clearer market conditions before making significant purchases amid recent stock market turmoil triggered by tariffs. While some analysts believe he may seize buying opportunities if prices drop further, others suggest he might be cautious, recalling historical economic downturns. His next moves will be closely watched, especially during the upcoming Berkshire Hathaway annual meeting in May.

record number of billionaires amass unprecedented wealth in annual forbes list

Forbes' latest annual billionaires list reveals a record 3,028 billionaires, collectively worth $16.1 trillion, an increase of $2 trillion from last year. Elon Musk tops the list with $342 billion, followed by Mark Zuckerberg and Jeff Bezos. Public sentiment towards billionaires is mixed, reflecting both their growing influence and increasing scrutiny.

hermès appoints new board members including bnpparibas ceo and former spy chief

Hermès International is appointing BNP Paribas CEO Jean-Laurent Bonnafé and former French spy chief Bernard Emié to its board, replacing Dominique Senequier and Alexandre Viros, respectively. The changes will be voted on at the shareholders' meeting on April 30 in Paris. Bonnafé and Cécile Béliot-Zind, CEO of Bel Group, will serve three-year terms, while Emié's term will last two years.

worlds top 24 superbillionaires led by elon musk with 419 billion

Elon Musk leads the list of the world's 24 superbillionaires with a net worth of $419.4 billion, a new category for individuals worth $50 billion or more. This elite group, which includes notable figures like Jeff Bezos and Mukesh Ambani, collectively holds $3.3 trillion, representing over 16% of all billionaire wealth. Among them, only three are women: Julia Koch, Francoise Bettencourt Meyers, and Alice Walton.

the ten wealthiest people in the world for 2025

As of 2025, the world's wealthiest individuals are led by Elon Musk, whose net worth exceeds $426 billion, followed by Jeff Bezos at $247.6 billion. Other notable billionaires include Larry Ellison ($231.4 billion), Mark Zuckerberg ($219.9 billion), and Bernard Arnault ($195.1 billion). The list highlights the significant fortunes of tech moguls and investors, reflecting the ongoing fluctuations in their wealth.

bernard arnault's net worth plummets by over 53 billion in 2024

Bernard Arnault, the chairman and 48% owner of LVMH, saw his net worth plummet by over $53 billion in 2024, dropping from $231 billion to $178 billion amid a nearly 40% decline in LVMH shares. Despite this setback, he remains the sixth richest person globally. Deloitte forecasts that ultra-rich families managing wealth through private offices will increase their fortunes from $5.5 trillion today to $9.5 trillion by 2030, driven by gains in their businesses and investments.

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