Who’s the Richest Man in the World?

Posted on September 22, 2008 | by Denny Oh

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.

 

WarrenbuffettAccording 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 its possible to hurt a man whos worth $58 billion) him and dropped him down in the worlds richest man competition.

Buffetts 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 doesnt.  But in a time where the economy is slow and companies are going under, its good to know that Prudential California Realty is owned by the richest man in the world.  Somehow, I dont see him shutting down San Diegos best and largest real estate company

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

Denny Oh 858“243“2092 [email protected]

Click here to see Downtown San Diegos Best Deals.

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4 Comments

  1. 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 says:

    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 says:

    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 says:

    Thanks Dicamillo!