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Business News

Forbes 400 list recalculated; Warren Buffett now the richest American

latimes.com
Oct. 9, 2008
Buffett adds $8 billion to his net worth in a 33-day period, Aug. 29 to Oct. 1, to reach $58 billion. Sheldon Adelson loses $4 billion in the same period. Las Vegas Sands Corp. Chief Executive Sheldon Adelson's net worth declined $4 billion from Aug. 29 to Oct. 1, the steepest drop among Americans who lost $1 billion or more during the credit crisis, according to Forbes magazine.
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Buffet, buying stock, says he rejects fear

NEW YORK, Oct. 17 (UPI) -- Billionaire investor Warren Buffett is buying stocks, specifically U.S. stocks, the man known as the Oracle of Omaha wrote in an editorial published Friday.

Buffett tops list of U.S. billionaires

NEW YORK, Oct. 10 (UPI) -- A stock surge has again made Berkshire Hathaway Chief Executive Officer Warren Buffett the richest person in the United States, a Forbes Magazine report says.

Buffett play boosts Goldman Sachs

NEW YORK, Sept. 24 (UPI) -- Warren Buffett, one of the world's richest men, made a long-awaited investment in a U.S. financial firm Tuesday, boosting investor confidence, analysts said.

Bill Gates tops Forbes 400 richest list

NEW YORK, Sept. 20 (UPI) -- Microsoft founder Bill Gates once again sits atop The Forbes 400 list of the richest people in the United States, the magazine says.
Jimmy Buffett relishes still being here

Jimmy Buffett relishes still being here

SANTA BARBARA, Calif., June 3 (UPI) -- American singer-songwriter Jimmy Buffett wants the world to know he plans to keep the spirit of Margaritaville alive for the foreseeable future.

Buffett opening bond insurer business

NEW YORK, Dec. 28 (UPI) -- Warren Buffett, the billionaire investor, is opening a bond insurer business in New York aimed at making it cheaper for cities and states to borrow money.

Buffett: Wall Street believed own PR

SAN FRANCISCO, Dec. 12 (UPI) -- U.S. investor Warren Buffet criticized Wall Street for "believing its own PR" about the investment vehicles underlying the mortgage foreclosure crisis.

Buffett said eyeing Bear Stearns stake

NEW YORK, Sept. 26 (UPI) -- Bear Stearns Cos. stock closed up 7.67 percent Wednesday after a published report said Warren Buffett might buy a stake in the troubled U.S. securities firm.

Report: Bill Gates no longer richest man

MEXICO CITY, July 4 (UPI) --

Buffett calls for raised taxes on rich

NEW YORK, June 27 (UPI) --

Forbes again lists world's richest people

NEW YORK, March 8 (UPI) -- The world has nearly 1,000 billionaires whose combined wealth grew 35 percent to $3.5 trillion, the U.S. magazine Forbes reported Thursday.

Warren Buffet looks for successor

OMAHA, March 2 (UPI) -- Warren Buffet is looking for a "younger" person to succeed him as Berkshire Hathaway Inc.'s chief investment officer, the 76-year-old U.S. investor says.

Man sued over Buffett-themed Web site

GALVESTON, Texas, Nov. 15 (UPI) --

Buffett takes 'The Weather' on new album

NEW YORK, Oct. 11 (UPI) --

Jimmy Buffett putting drug 'bust' in past

NEW YORK, Oct. 10 (UPI) --
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