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The Berkshire Hathaway Chairman and CEO has reportedly added $12.7 billion to his wealth this year.
The billionaire businessman has taken some calculative measures to avoid a collapse. (Photo Credit: X)
While most of the investors are struggling to cope with Donald Trump’s newly announced tariffs, Warren Buffett continues to prosper in the US stock markets. Since returning to the White House, Trump has announced a slew of tariffs on 184 countries. As a result, global markets have stumbled, with Wall Street shedding almost $8 trillion in overall value.
Buffett, however, remains unaffected by the trend. The Berkshire Hathaway Chairman and CEO has reportedly added $12.7 billion to his wealth this year. His net worth currently stands at $155 billion.
Over the last two days, the US stock markets have registered a loss of nearly $5 trillion – the most significant crash since the COVID-19 pandemic in March 2020. Buffett, however, keeps on gaining profit with investments at his company.
The billionaire businessman has taken some calculative measures to avoid a collapse. He has refrained from investing cash in major acquisitions, perhaps predicting a potential market downturn. In 2024 when the bull markets were raging, Buffett’s company sold $134 billion in equities and wrapped up the year with a staggering $334 billion in cash.
Now, when his fellow investors are going through a lean patch, Buffett has made a bold move by lowering the investments in US tech stocks like Apple and Bank of America. He, however, has doubled down on Japanese trading giants.
Earlier this year, Buffett increased his share in Japan’s five largest trading houses —Mitsui, Mitsubishi, Sumitomo, Itochu, and Marubeni. These firms have a great impact on the country’s economy.
As per regulatory filings, Berkshire now holds 9.82% of stakes in Mitsui & Co., 9.67% in Mitsubishi Corp., 9.29% in Sumitomo Corp., 8.53% in Itochu Corp. and 9.30% in Marubeni Corp. These investments have pushed Berkshire Hathaway’s market cap beyond $1.14 trillion, surpassing top-tier companies like Tesla.
Amid Buffett’s dominant run at Wall Street, Elon Musk’s net worth has dipped by $130 billion to reach $302 billion. Jeff Bezos has also logged a loss of $45.2 billion, with his net worth declining to $193 billion. Meta CEO Mark Zuckerberg has lost $28.1 billion while Bernard Arnault, chairman of LVMH, has seen a drop of $18.6 billion.
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