Warren Buffett's net worth reaches $100 billion

The Berkshire Hathaway CEO is the sixth member of the $100 billion club.

March 11, 2021, 10:13 AM

Investing legend Warren Buffett has officially joined the exclusive $100 billion club.

The net worth of Buffett, 90, reached $100 billion as of Wednesday, according to data from Bloomberg's Billionaires Index.

Buffett's wealth is largely tied to Berkshire Hathaway stock, which closed at an all-time high on Wednesday.

PHOTO: Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks in Washington, D.C., Feb. 13, 2018.
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks in Washington, D.C., Feb. 13, 2018.
Andrew Harrer/Bloomberg via Getty Images, FILE

He joins just five other people in the world whose wealth tops $100 billion: Jeff Bezos, Elon Musk, Bill Gates, Bernard Arnault and Mark Zuckerberg.

The wealth of the ultra-elite is more closely linked to the stock market, which has soared to new heights during the pandemic.

Buffett's entry into the $100 billion club also comes as the pandemic has put income inequality at the fore of heated debates on Capitol Hill, and a handful of Democratic lawmakers are renewing their push for a tax on the "ultra rich."

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