Wednesday, December 25, 2013

Which billionaire made $37-M a day in 2013?


MANILA, Philippines - Which billionaire made the biggest financial gain in 2013?

According to Wealth-X's calculations, American business magnate and investor Warren Buffet made $37 million (around P1.64 billion) a day in 2013.

In 2013, Buffett's net worth grew by $12.3 billion to $59.1 billion, making him number 1 on Wealth-X's list of billionaires who made the biggest financial gains this year.

Microsoft chairman Bill Gates ranked second on the list, with an $11.5 billion increase in his net worth to $72.6 billion as of end 2013.

On third spot is American casino mogul Sheldon Adelson, whose net worth jumped by $11.4 billion to $35.4 billion.

Fourth place is Amazon.com founder Jeff Bezos with an $11.3 billion increase in his net worth to $34.4 billion, followed by Facebook founder Mark Zuckerberg with a $10.5 billion increase in his net worth to $19.1 billion.

The top 10 includes Japanese Softbank founder Masayoshi Son; Google founder Sergey Brin and Larry Page; Galaxy Entertainment Group Ltd. founder Lui Che-Woo and prominent investor Carl Icahn.

Wealth-X said the individuals on the top 10 list collectively gained $101.8 billion in 2013, an average gain of $10.2 billion each.

On average, the top 10 made $29 million per day in 2013, and increased their wealth by 41.6%.

source: www.abs-cbnnews.com