In the Mercati storm caused by American duties only the old sea wolves manage to keep the bar straight. While Elon Musk lost 135 billion dollars in just three days and other captains of the Tech industry such as Mark Zuckerberg, Jeff Bezos and Bill Gates have undergone drops of about 20 billion per head, the financier Warren Buffet is one of the few multimiliarders a escaped At the wave of Trump’s customs rates.
In spite of the other first 10 names in the list of the richest in the world, theOracle of Omaha Not only is he not flowed into peak, but he also managed to increase his net assets of 11.5 billion dollars.
Warren Buffett’s move
Once again Buffet, 94 years old, managed to smell the trend and move in advance. Together with the vice -president and wealthy heiress of L’Oreal, Francoise Bettencourt Meyerswhich earned $ 1.8 billion, the financier is this year one of the only two people of the Top 20 of the Bloomberg Billionaires Index to have increased their wealth.
And he did it yielding their actions When the markets were fine and selling a gamble it seemed: reducing his participation in central giants of his wallet, such as Apple and Bank of America, in 2024 his holding Berkshire Hathaway sold actions for a value of 143 billion dollars.
A figure that exceeds the 41 billion dollars from three times sold in 2023 and more than four times the $ 34 billion in 2022.
The financial company ended last year by accumulating one liquidity of 334 billion dollarswhich is now revealing more than a rescue lifeboat in front of the storm unleashed by the US duties.
The collapse of billionaires
In the two sessions that followed the Liberation Day Announced by Donald Trump, the 500 richest people in the world have lost over 500 billion on the bag.
On Friday 4 April the markets burned 329 billion dollarsthe heaviest loss in one day only from collapse recorded in 2020 Due to the Covid-19 pandemic.
But while the S&P 500, the index of the 500 US companies with greater capitalization, lost over 10%from 2 April, the actions of the Berkshire Hathaway have sold 8.8%.
A performance, as explained by Bloombergwhich would demonstrate both the independence of the real estate and insurance sector, on which holding is founded, but also the result of Warren Buffet’s foresight.
Even if in 2006 the oracle of Omaha gave more than half of his actions in charityBuffet holds even more than 14% of the Nebraska company, which saved by detecting it in 1965 and transforming it from textile companies into crisis to empire at the top of global finance.
A successful story that allowed him to be the fourth richest businessman in the world today, with a current heritage, according to Bloomberg, of $ 153.5 billion.