Net Worth: $47 billion
Source: Investments
Residence: U.S.
• America's favorite investor up $10 billion in past 12 months on surging Berkshire Hathaway shares; says U.S. has survived economic "Pearl Harbor," but warns recovery will be slow.
• Shrewdly invested $5 billion in Goldman Sachs and $3 billion in General Electric amid 2008 market collapse.
• Recently acquired railroad giant Burlington Northern Santa Fe for $26 billion.
• "We've put a lot of money to work during the chaos of the last two years. When it's raining gold, reach for a bucket, not a thimble."
• Berkshire Hathaway book value was up 19.8% to $21.8 billion in 2009.
• Son of Nebraska stockbroker met value investor Benjamin Graham while studying economics at Columbia.
• Took over textile firm Berkshire Hathaway in 1965, used company as a vehicle to invest in insurance (Geico), food (Dairy Queen), utilities (MidAmerican Energy) and recently green tech (electric-car maker BYD).
Source: http://finance.yahoo.com/career-work/article/109029/worlds-billionaires-2010
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