Buffett becomes richest American

[Micah 16]

Bill Gates is out of there, folks! 

Bill Gates has been the richest American on the Forbes 400 list for 15 years. But in this financial crisis, Warren Buffett has zoomed ahead to knock Gates off his perch.

Buffett got $8 billion richer from Aug. 29 to Oct. 1, and now has a $58 billion net worth, according to Forbes. Let's put that in perspective. In the month of September, when the financial world was going down the tubes, Buffett got $242 million richer every day. How is that even possible?

Gates' net worth declined by $1.5 billion over the 33-day period to $55.5 billion.

The biggest loser during the month was Sheldon Adelson, the chief executive of the Las Vegas Sands. His net worth dropped by $4 billion during that time. Oof. Bad bet, Sheldon. quote>

Link

[Easy Bakes 253]

Jimmy Buffet?

[Hahayoudied 3]

How did Buffett get so much money?

[Duke87 1,070]

Originally posted by: Easy Bakes Jimmy Buffet? quote>

No, Breakfast Buffet.

[GMT 389]

I wish I could make $8billion dollars in about 1 month...

that's even more than I earn in my whole life, tho I got a wellpaid job... well... soon...

[Hahayoudied 3]

To GMT

People with no or poor self control does not deserve to get rich, if they do, they go insane and waste all of their money.

Hopefully you can handle the sudden extra $8 billion...

[Yoman3 5]

Thought he already was the richest? Anyway, even though he is the "savior" of some companies in the current crisis, hes actually going to make a boatload of money on the investments

[Explodingsims 3]

Never Heard of the guy...

Hooray for people with money?

[your_adress_here 11]

Could someone explain who he is and how he just made 8 billion dollars in the past month?

[Meg 368]

They are talking about Warren Buffett  (link)

Contrary to the opinion of some, he is not Jimmy Buffett's father.  

And contrary to the link I provided, I'm sure he had a mother.

[Easy Bakes 253]

He still plans to give all his money away after his death.

[The_Dalai_Llama 15]

Originally posted by: your_adress_here Could someone explain who he is and how he just made 8 billion dollars in the past month?quote>

I think it has to do something with collecting underpants, then ?... which leads to profit.

[Duke87 1,070]

Originally posted by: The_Dalai_Llama

Originally posted by: your_adress_here Could someone explain who he is and how he just made 8 billion dollars in the past month?quote>

I think it has to do something with collecting underpants, then ?... which leads to profit.quote>

Nono, you're formatting it wrong. It goes like this:

1) Collect underpants

2) ???

3) Profit

Not so wordy. Just keep it brief  *shot*

[Hanson784 165]

I thought he was the richest American already?

He's surely one of the richest people in the world and he still lives in the home he grew up in in Omaha, NE. Quite a frugal (and friendly) billionaire.

For those who don't know who he is here's a wiki link about him: http://en.wikipedia.org/wiki/Warren_Buffett

[Easy Bakes 253]

Originally posted by: Hanson784 I thought he was the richest American already?

He's surely one of the richest people in the world and he still lives in the home he grew up in in Omaha, NE. Quite a frugal (and friendly) billionaire.

For those who don't know who he is here's a wiki link about him: http://en.wikipedia.org/wiki/Warren_Buffettquote>

 

Till this year it Was Bill Gates but a lot of his fortune is tied to Microsoft stock values.

[SimRabbit 48]

This guy is making a lot of money from the financial crisis.

[IDS2 3,436]

The only reason Gates is plummeting is because he's donating a bunch of his money...good for him, I say! Anyway, congrats to Buffet!

[your_adress_here 11]

Originally posted by: The_Dalai_Llama

Originally posted by: your_adress_here Could someone explain who he is and how he just made 8 billion dollars in the past month?quote>

I think it has to do something with collecting underpants, then ?... which leads to profit.quote>

You know, I tried doing that myself, but the gnomes man... they just kept taking my underwear... the gnomes...

[Micah 16]

Originally posted by: IDS2 The only reason Gates is plummeting is because he's donating a bunch of his money...good for him, I say! Anyway, congrats to Buffet! quote>

 

So has Buffet. In fact, he's given to the Bill's foundation.

[Hahayoudied 3]

Buffet is now currently putting all of his money, into the U.S. stocks in hopes of improving the U.S. Stock Market.

[BurroDiablo 222]

Originally posted by: Hahayoudied Buffet is now currently putting all of his money, into the U.S. stocks in hopes of improving the U.S. Stock Market.quote>

"A rat swimming towards a sinking ship" is the quote that comes to mind