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Buffett Gets Richer Even After Donating $3.4 Billion to Charity

Warren Buffett just can’t stop making money, even in a week where he gave $3.4 billion to charity.

Tom Metcalf

(Bloomberg) -- Warren Buffett just can’t stop making money, even in a week where he gave $3.4 billion to charity.

The Berkshire Hathaway Inc. chairman added $4 billion to his fortune Wednesday after the conglomerate removed a cap on stock buybacks. The shares rose 5.1 percent, the most in almost seven years, lifting his fortune to $83.1 billion. His wealth dropped below $80 billion on Tuesday, after announcing the latest gift.

Buffett, 87, ranks fourth on the Bloomberg Billionaires Index.

Read more: Zuckerberg tops Buffett as tech titans dominate wealth ranking

©2018 Bloomberg L.P.

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