Here's How Much 10 Of The Richest People In The World Made Per Minute In 2013
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Legendary investor Warren Buffett, who runs Berkshire Hathaway, made about $37 million each day this year, a new survey from Wealth-X shows. [via NYPost's Kaja Whitehouse]That breaks down to $1.54 million per hour each day (yes, even while he's sleeping). It also works out to be just over $25,694 per minute.
According to the survey, the Oracle of Omaha's current net-worth is now an estimated $59.1 billion.
A bunch of other billionaires, especially from the tech industry, were clocking in over a million-dollars per hour, too, in 2013.
Here's a rundown of how the ten biggest billionaire gainers made on an hourly and per minute rate: (Wealth-X made their calculations based on 345 days)
- Warren Buffett: He made $12.7 billion this year or ~$37 million per day; ~$1.54 million per hour; or ~$25,694 per minute.
- Bill Gates: He earned $11.5 billion this year which works out to be ~$33.3 million per day; $1.38 million per hour; or ~$23,148 per minute.
- Sheldon Adelson: The casino mogul earned $11.4 billion this year which means he made ~$33 million per day; ~$1.38 million per hour; or $22,946 per minute.
- Jeff Bezos: He made $11.3 billion this year or ~$32.7 million per day; $1.36 million per hour; or ~$22,745 per minute.
- Mark Zuckerberg: The Facebook founder made $10.5 billion this year or ~$30.4 million per day; ~$1.27 million per hour; or ~$21,135 per minute.
- Masayoshi Son: He made $10.3 billion this year or ~$29.86 billion per day; ~$1.24 million per hour; or $20,732 per minute.
- Sergey Brin: He made $9.3 billion this year which works out to be ~$26.9 million per day, $1.12 million per hour; or $18,719 per minute.
- Larry Page: He made $9.3 billion this year which works out to be ~$26.9 million per day, $1.12 million per hour; or $18,719 per minute.
- Lu Chee Woo: He brought in $8.3 billion this year or ~$24 million per day; ~$1 million per hour; or ~$16,706 per minute.
- Carl Icahn: The billionaire investor made $7.2 billion this year, which works out to be ~$20.87 million/day; ~$869,565/hour; or ~$14,492/minute.
Here's the Wealth-X press release:
New York, 18 December, 2013 - Warren Buffett made about US$37 million per day in 2013, according to calculations by Wealth-X, making him the billionaire who made the most money this year.
With a gain of US$12.7 billion in 2013, the legendary billionaire investor and notable philanthropist's net worth at the end of the year stands at US$59.1 billion. That, however, does not make Buffett the wealthiest billionaire on the list. That title goes to Microsoft chairman Bill Gates, who added US$11.5 billion to his personal fortune in 2013, ending the year with assets totaling US$72.6 billion.
In number three spot on the list is American casino mogul Sheldon Adelson, who raked in US$11.4 billion in 2013 from his gambling properties in Las Vegas, Macau and Singapore. His personal net worth is estimated to be more than US$35 billion.
The individuals on the top 10 list collectively gained $101.8 billion in 2013, an average gain of US$10.2 billion each. The combined wealth of the 10 individuals now totals US$347 billion, up from US$245 billion in January 2013.
On average, they made US$29 million per day in 2013, and increased their wealth by 41.6 percent, outperforming the 24 percent returns seen in the S&P 500 this year.
Below are the top 10 gainers of 2013:
Rank | Name | 2013 Gain* | Net Worth December 2013* | Net Worth January 2013* |
1 | Warren Buffett | 12.7 | 59.1 | 46.4 |
2 | Bill Gates | 11.5 | 72.6 | 61.1 |
3 | Sheldon Adelson | 11.4 | 35.3 | 23.9 |
4 | Jeff Bezos | 11.3 | 34.4 | 23.1 |
5 | Mark Zuckerberg | 10.5 | 24.7 | 14.2 |
6 | Masayoshi Son | 10.3 | 19.1 | 8.8 |
7 | Sergey Brin | 9.3 | 30.0 | 20.7 |
8 | Larry Page | 9.3 | 29.9 | 20.6 |
9 | Lui Chee Woo | 8.3 | 19.6 | 11.3 |
10 | Carl Icahn | 7.2 | 22.1 | 14.9 |
* All figures in US$ billion
Editor's Note: Valuations are for the period between 1 January to 11 December, 2013. The amounts gained per day are based on 345 days (from 1 January to 11 December, 2013).
Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.