On wednesday, class A shares price of Berkshire Hathaway Inc. hit a record high over $400000 a piece. With this increase in price of shares, networth of this company's chairman and CEO has also increased.
The 90 years old investor Warren Buffett is the chairman of Berkshire Hathaway. He became the sixth wealthiest person in the world who enters in $100 billion club. He achieved this success after Jeff Bezos, Elon Musk, Bill Gates, Mark Zuckerberg and Bernard Arnolt.
Berkshire's shares have been increasing over the past two weeks since Buffett released his annual letter to shareholders last month. Buffett has one-sixth share in Berkshire from where his mostly income comes.
Initially, Warren Buffett was one of the most richest persons in the world. He has been donating his money in charities since 2006. More than $37 billion, he has been donated in charity otherwise his networth might be more. According to the Forbes, Buffett has promised to donate 99% part of his networth.
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