Buffet suffers $10 billion losses

October 1, 2009 - 1:00pm
Forbes published its annual rich Americans ranking that showed the 400 wealthiest people in the US lost $300 billion of net worth in the past year. The list of wealthiest Americans, released on Wednesday, reports that Warren Buffet suffered the most with losses accounting for $10 billion in net worth as shares of his Berkshire Hathaway dropped. Meantime, the list of the 10 riches Americans remained unchanged as compared with 2008. Microsoft’s Bill Gates still topped the rankings with a fortune of $50 billion, a $7 billion decrease against the previous year.
Source: http://www.ecommerce-journal.com/new...-losses?drgn=1