The legendary American investor Warren Buffett’s total wealth has risen to an all-time high at USD 81.5 billion (Rs 5.3 lakh crore), according to the Bloomberg Billionaires Index.
That puts the Berkshire Hathaway chairman into the third spot in the richest individuals' list, right after Microsoft’s founder Bill Gates and Amazon CEO Jeff Bezos.
What is even more interesting is the staggering pace at which his net worth has grown. In the last five years, his wealth has risen by USD 35 billion (Rs 2.28 lakh crore).
This is about Rs 17,000 crore more than what India has just announced to recapitalise the country's public sector banks.
Going by the numbers, on a yearly basis, Buffett added USD 7.01 billion (Rs 45,684 crore).
At a micro level, this would mean that the 87-year-old earned USD 13,333 per minute (Rs 8.68 lakh) or USD 222 (Rs 14,467) per second.
(USD 1= Rs 65.17)
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