Warren buffet became second richest person of World

Dec 8, 2014 19:00 IST

According to the Bloomberg Billionaires Index, Warren buffet became second richest person in the World. He replaced Carlos Slim, business magnate of Mexico. Bill Gates is the world richest person.

Buffet chairman of Berkshire Hathaway Inc. has a net worth of 73.7 billion US dollars and his annual business profits recorded 19.5 billion US dollars which is up 13 percent. Berkshire reached 52 week high in intraday trading which is closed at 185750 US dollars.

Slim has net worth of 62.9 billion US dollars. Slim profit has fallen 10.9 billion US dollars since the start of 2014 and his business profits dropped by 14 percent.

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