TITLE

Stock Market 'Buffets' Bill Gates

AUTHOR(S)
Schachter, Ken
PUB. DATE
October 2008
SOURCE
Red Herring;10/10/2008, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the loss suffered by Microsoft Chairman Bill Gates in 2008. "Forbes Magazine," whose Forbes 400 listed Gates as the richest U.S. citizen in late August, states that he lost $1.5 billion between August 29 and October 1, 2008. Because of this, Warren Buffett, chairman and chief executive officer (CEO) of Berkshire Hathaway, emerged as the wealthiest U.S. citizen. Forbes reckoned that Buffett's net worth increased $8 billion to $58 billion.
ACCESSION #
36602978

 

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