(BRKA), Apple Inc. (NASDAQ:AAPL) – Warren Buffett Moves Up The Top Ten Billionaires List As Berkshire Hathaway Hits All-Time Highs

Final yr noticed Tesla Inc (NASDAQ: TSLA) CEO Elon Musk climb up the Bloomberg Billionaires Index with the rising valuations for Tesla and SpaceX. Early into 2022, just one title within the high ten has a optimistic achieve in valuation.

What Occurred: Legendary investor and Berkshire Hathaway Inc (NYSE: BRKA)(NYSE: BRKB) CEO Warren Buffett ranks eighth on the billionaires checklist as of Friday.

With a web value of $116 billion, Buffett handed Microsoft Corp (NASDAQ: MSFT) co-founder Steve Ballmer final week, who now ranks ninth at $112 billion.

12 months-to-date, Buffett’s wealth is up $6.9 billion. Buffett is the one title within the high ten that has a optimistic achieve in 2022.

In 2021, Musk moved considerably greater on the checklist and continues to rank first with a wealth of $263 billion, far outpacing second place Jeff Bezos, the founding father of Amazon.com Inc (NASDAQ: AMZN), at $188 billion.

Associated Hyperlink: Warren Buffett’s Berkshire Hathaway Prints New All-Time Highs 

Why It’s Essential: Shares of Berkshire Hathaway hit new all-time highs on Friday. The A shares traded as excessive as $480,887.99 earlier than closing the week at $480,000.10.

Berkshire shares are up 7% within the final week and up 12% within the final month.

Whereas Berkshire Hathaway trailed the efficiency of many high-growth know-how shares over time, the inventory has now trended again into favor.

Traders are transitioning in direction of worth shares over excessive progress names early in 2022. Berkshire Hathaway has lengthy been thought-about the most effective worth shares round, holding possession of many insurance coverage and shopper manufacturers.

Berkshire Hathaway additionally holds a major stake in Apple Inc (NASDAQ: AAPL) shares, giving it publicity to the excessive progress know-how sector as effectively.

Buffett topped the billionaires checklist beforehand, and will now climb his manner again up the checklist if worth shares and Apple carry out effectively in 2022. Subsequent on the checklist inside Buffett’s attain is Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) co-founder Sergey Brin, who ranks seventh with a wealth of $118 billion. 

Photograph: Courtesy of Fortune Reside Media on Flickr

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