October 23, 2008

Poor Warren: Buffett is Down $9.6 Billion This Year, Only Has $52.1 Billion Left

Here's an interesting article in todays Wall Street Journal regarding how much today's chief executives have lost in the stock market this year. Here's a sampling: (Photo: Warren Buffet)

  1. Warren Buffett (Berhshire Hathaway): Down $9.6 Billion (Value of remaining equity: $52.1 Billion)
  2. Larry Ellison (Oracle): Down $6.6 Billion (Value of remaining equity: $19.8 Billion)
  3. Steve Ballmer (Microsoft): Down $4.8 Billion (Value of remaining equity: $9.8 Billion)
  4. Jeff Bezoz (Amazon.com): Down $4.2 Billion (Value of remaining equity:$5 Billion)
Overall, The top CEO's at 175 of the U.S's biggest companies have lost $42.3 billion dollars from the beginning of the year.

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