Legendary investor Warren Buffett, who runs Berkshire Hathaway, made about $37 million each day this year, a new survey from Wealth-X shows.
That breaks down to $1.54 million per hour each day (yes, even while he's sleeping). It also works out to be just over $25,694 per minute.
According to the survey, the Oracle of Omaha's current net-worth is now an estimated $59.1 billion.
AP Images
Advertisem*nt
A bunch of other billionaires, especially from the tech industry, were clocking in over a million-dollars per hour, too, in 2013.
Here's a rundown of how the ten biggest billionaire gainers made on an hourly and per minute rate: (Wealth-X made their calculations based on 345 days)
Advertisem*nt
Warren Buffett: He made $12.7 billion this year or ~$37 million per day; ~$1.54 million per hour; or ~$25,694 per minute.
Bill Gates: He earned $11.5 billion this year which works out to be ~$33.3 million per day; $1.38 million per hour; or ~$23,148 per minute.
Sheldon Adelson: The casino mogul earned $11.4 billion this year which means he made ~$33 million per day; ~$1.38 million per hour; or $22,946 per minute.
Jeff Bezos: He made $11.3 billion this year or ~$32.7 million per day; $1.36 million per hour; or ~$22,745 per minute.
Mark Zuckerberg: The Facebook founder made $10.5 billion this year or ~$30.4 million per day; ~$1.27 million per hour; or ~$21,135 per minute.
Masayoshi Son: He made $10.3 billion this year or ~$29.86 billion per day; ~$1.24 million per hour; or $20,732 per minute.
Sergey Brin:He made $9.3 billion this year which works out to be ~$26.9 million per day, $1.12 million per hour; or $18,719 per minute.
Larry Page:He made $9.3 billion this year which works out to be ~$26.9 million per day, $1.12 million per hour; or $18,719 per minute.
Lu Chee Woo:He brought in $8.3 billion this year or ~$24 million per day; ~$1 million per hour; or ~$16,706 per minute.
Carl Icahn: The billionaire investor made $7.2 billion this year, which works out to be ~$20.87 million/day; ~$869,565/hour; or ~$14,492/minute.
New York, 18 December, 2013 – Warren Buffett made about US$37 million per day in 2013, according to calculations by Wealth-X, making him the billionaire who made the most money this year.
With a gain of US$12.7 billion in 2013, the legendary billionaire investor and notable philanthropist’s net worth at the end of the year stands at US$59.1 billion. That, however, does not make Buffett the wealthiest billionaire on the list. That title goes to Microsoft chairman Bill Gates, who added US$11.5 billion to his personal fortune in 2013, ending the year with assets totaling US$72.6 billion.
Advertisem*nt
In number three spot on the list is American casino mogul Sheldon Adelson, who raked in US$11.4 billion in 2013 from his gambling properties in Las Vegas, Macau and Singapore. His personal net worth is estimated to be more than US$35 billion.
The individuals on the top 10 list collectively gained $101.8 billion in 2013, an average gain of US$10.2 billion each. The combined wealth of the 10 individuals now totals US$347 billion, up from US$245 billion in January 2013.
On average, they made US$29 million per day in 2013, and increased their wealth by 41.6 percent, outperforming the 24 percent returns seen in the S&P 500 this year.
Below are the top 10 gainers of 2013:
Advertisem*nt
Rank
Name
2013 Gain*
Net Worth December 2013*
Net Worth
January 2013*
1
Warren Buffett
12.7
59.1
46.4
2
Bill Gates
11.5
72.6
61.1
3
Sheldon Adelson
11.4
35.3
23.9
4
Jeff Bezos
11.3
34.4
23.1
5
Mark Zuckerberg
10.5
24.7
14.2
6
Masayoshi Son
10.3
19.1
8.8
7
Sergey Brin
9.3
30.0
20.7
8
Larry Page
9.3
29.9
20.6
9
Lui Chee Woo
8.3
19.6
11.3
10
Carl Icahn
7.2
22.1
14.9
* All figures in US$ billion
Editor’s Note: Valuations are for the period between1 January to 11December, 2013. The amounts gained per day are based on 345 days (from 1January to 11December, 2013).
Sign up for notifications from Insider! Stay up to date with what you want to know.
Subscribe to push notifications
Read next
NEW LOOK
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview
Thanks for signing up!
Access your favorite topics in a personalized feed while you're on the go.
As an expert in finance and investment, it's evident that the information provided in the article showcases the financial prowess of some of the world's most successful individuals, particularly in the realm of investing and entrepreneurship. The data presented by Wealth-X offers a detailed analysis of the top billionaire gainers in 2013, shedding light on their impressive financial achievements and providing insights into their wealth accumulation.
Let's break down the key concepts and individuals mentioned in the article:
Warren Buffett:
Earnings: $37 million per day in 2013.
Hourly Rate: $1.54 million.
Minute Rate: $25,694.
Net Worth: Estimated at $59.1 billion.
Other Top Billionaire Gainers:
Bill Gates: Earned $11.5 billion in 2013, with a net worth of $72.6 billion.
Sheldon Adelson: Earned $11.4 billion in 2013, with a net worth exceeding $35 billion.
Jeff Bezos: Earned $11.3 billion in 2013, with a net worth of $34.4 billion.
Mark Zuckerberg: Earned $10.5 billion in 2013, with a net worth of $24.7 billion.
Masayoshi Son: Earned $10.3 billion in 2013, with a net worth of $19.1 billion.
Sergey Brin: Earned $9.3 billion in 2013.
Larry Page: Earned $9.3 billion in 2013.
Lui Chee Woo: Earned $8.3 billion in 2013, with a net worth of $19.6 billion.
Carl Icahn: Earned $7.2 billion in 2013, with a net worth of $22.1 billion.
Overall Trends:
The top 10 gainers collectively gained $101.8 billion in 2013, averaging $10.2 billion each.
Combined wealth of the top 10 individuals increased to $347 billion, up from $245 billion in January 2013.
On average, they made $29 million per day in 2013, outperforming the S&P 500's 24 percent returns.
Wealth-X Analysis:
The data is based on valuations for the period between January 1 to December 11, 2013.
Calculations for daily earnings are based on 345 days within this period.
In summary, the article provides a glimpse into the remarkable financial achievements of these billionaires, illustrating their substantial gains over the course of 2013 and their influence on the overall wealth landscape.
The philanthropist is a successful investor and earns $57,000 per minute approximately. Now, let's break down his income: Net Worth: $128 Billion 2. Annual Income: $4.27 Billion approximately.
Bill Gates is the richest American for the 20th year in a row and has reclaimed the title of world's richest person from Mexico's Carlos Slim with a net worth of $72 billion.
His yearly salary is $100,000. The income he made last year at his job accounts for just 0.00001% of his current valuation. Warren Buffett's net worth mostly comes from his various shares and his portfolio. On average, it's estimated that Warren Buffett makes ~$37 million in a day.
How much does Warren Buffet make every second? Warren Buffett is estimated by CNBC to make about $1.94 million per day. There are 86,400 seconds in a day. A little division: $22.45 every second.
EV maker Tesla and SpaceX owner and tech billionaire Elon Musk earns approximately $6,887 per minute, $413,220 per hour, $9,917,280 per day, and $69,420,960 per week, the media has report.
New women billionaires include fashion designer Tory Burch and Hong Kong finance executive Pollyanna Chu. The world's richest woman is Liliane Bettencourt, the 90-year-old heiress to a 30% stake in cosmetics group L'Oreal.
I like to sleep,” Buffett said in a widely quoted 2017 interview with PBS NewsHour. “I will usually sleep eight hours a night, and that—no, I have no desire to get to work at four in the morning.” He doesn't sound like a half-bad boss, either, especially for those who disdain micromanagement.
Warren Buffett bought more than $1 billion in shares of the Coca-Cola Company (KO) in 1988, an amount that was then equivalent to 6.2% of the company. The purchase made it the single largest position in Buffett's Berkshire Hathaway Inc. (BRK.
“Well, no, because we're talking about way less than 1% of my estate,” he clarified, noting that 99.7%-plus of his estate will either go to philanthropies or to the federal government.
How much money does Bill Gates earn hourly? Bill Gates is making around $7.6 million a day—which is $319,634.70 an hour, $5,327.25 a minute, and $88.79 a second. The billionaire is the fifth richest person in the world, with a current net worth of $116.1 billion.
Sources differ on the exact amount, with one estimating his daily earnings at around $10.95 million — about $117 per second. Another source offers a lower figure of approximately $7.6 million per day or $319,635 per hour.
His early life set the foundation for his future achievements. By age 21, Buffett's net worth was nearly $20,000, and by 26, it had grown to $140,000. By age 30, his net worth had grown to $1 million, a significant sum compared to the average family income in the U.S. at that time, which was around $5,600 per year.
Jeff Bezos made over $7.9 million an hour every hour in 2023; in under 13 minutes, he brought in the equivalent of what the typical person earns in a lifetime, per Benzinga.
Sources differ on the exact amount, with one estimating his daily earnings at around $10.95 million — about $117 per second. Another source offers a lower figure of approximately $7.6 million per day or $319,635 per hour.
Warren Buffett turned 87 last week. By now, it's probably safe to say Berkshire Hathaway's chairman, who's said he has the diet of a 6-year-old and has no interest in getting to work before dawn, has settled on his optimal daily routine.
Introduction: My name is Arline Emard IV, I am a cheerful, gorgeous, colorful, joyous, excited, super, inquisitive person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
