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Who’s the Richest Man in the World?

September 22nd, 2008 categories: Real Estate News

You might think this is an easy question and say, Bill Gates.  Well, you would have been right a year ago, but today the answer is, Warren Buffett.  Yes, the owner of the Berkshire Hathaway company and hence, Prudential California Realty, is now the richest man alive.

 

According to Forbes.com, at an estimated worth of $62 BILLION, Buffett is approximately $4 billion richer than Gates.  Gates’ attempt to acquire Yahoo! earlier this year hurt(if it’s possible to hurt a man who’s worth $58 billion) him and dropped him down in the world’s richest man competition.

Buffett’s top rank is primarily due to the recent rise of the Berkshire Hathaway stock, which has increased $10 billion in the last year.  Second place is held by Carlos Slim Helu(worth $60 billion), a Mexican telecom mogul and Gates is in third place at $58 billion.

Why does this matter?  Well for most of us it doesn’t.  But in a time where the economy is slow and companies are going under, it’s good to know that Prudential California Realty is owned by the richest man in the world.  Somehow, I don’t see him shutting down San Diego’s best and largest real estate company. 

Please feel free to contact me anytime to discuss your real estate needs. 

Denny Oh 858–243–2092 denny@sandiegoh.com

Click here to see Downtown San Diego’s Best Deals.

This entry was posted on Monday, September 22nd, 2008 at 4:26 pm and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

1. Riley Smith | Coconut Grove Real Estate September 27th, 2008 at 10:34 am

   Let me tell you, with so much going over the past few days it is nice to be associated with such a strong, incredibly intelligent man.
   My company here in South Florida, EWM Realtors, Inc., is also a subsidiary of Berkshire Hathaway.

2. Denny Oh September 27th, 2008 at 11:36 am

   Hey Riley,

   It definitely helps to be aligned with such success. Prudential has always been a huge name, but having Warren Buffett behind us helps that much more. I think our clients realize that as well.

   Good luck out there in Florida.

3. Dicamillo June 26th, 2009 at 7:57 am

   Excellent article. Being ?real? and passionate are very important. Readers can tell when the writer cares about the subject at hand. Thank you.

4. Denny Oh June 27th, 2009 at 10:45 am

   Thanks Dicamillo!

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