16:13 - 8.04.2025

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April 8 list, Fineko/abc.az. Recent global stock market sell-offs have led to significant losses in the wealth of the world's richest people.

ABC.AZ informs that nevertheless, legendary investor Warren Buffett is among Top 20 billionaires in the world, whose fortune is growing this year.

The second billionaire who became rich during the crisis is Francoise Bettencourt Meyers, who inherited L'Oreal shares from her mother.

Despite the fact that Buffett's fortune decreased by $14.5 billion from April 2 to April 7, according to Bloomberg, this year it increased by $11.5 billion to $153.5 billion. So, Berkshire Hathaway shares have fallen in price by 8.8% during this time, but have increased in price by 8.25% since the beginning of the year.

Berkshire Hathaway's strong performance reflects the resilience of the insurance sector, isolated from global trade, undermined by Trump's tariffs. Before the start of the trade war, Buffett gradually sold his stake in Apple and Bank of America, which are currently rapidly becoming cheaper.