You are using an older browser version. Please use a supported version for the best MSN experience.

Buffett Gets Richer Even After Donating $3.4 Billion to Charity

Bloomberg logoBloomberg 7/20/2018 Tom Metcalf
Warren Buffett: Inside The Berkshire Hathaway Inc. Annual General Meeting© Bloomberg Inside The Berkshire Hathaway Inc. Annual General Meeting

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

--With assistance from Katherine Chiglinsky.

To contact the reporter on this story: Tom Metcalf in New York at tmetcalf7@bloomberg.net

To contact the editors responsible for this story: Pierre Paulden at ppaulden@bloomberg.net, Peter Eichenbaum

©2018 Bloomberg L.P.

AdChoices
AdChoices
AdChoices
image beaconimage beaconimage beacon