[ad_1]
Amidst the ongoing global market turmoil in 2025, one billionaire who stands out in the top 15 richest persons in the world is Warren Buffett. At a time when investors around the world are reeling from the stock market crash, one billionaire whose net worth has actually grown is Buffett.
According to the latest Bloomberg Billionaires Index data, of the top 15 richest people in the world, Warren Buffet is the only one to have seen an increase in his net worth. At number six on the list of world’s top 10 richest persons by Bloomberg, Buffett stands tall with a current net worth of $155 billion. His net worth has increased $12.7 billion year to date.
The return of Donald Trump to the US presidential office has resulted in Wall Street losing approximately $8 trillion in market value. The implementation of the century’s largest tariff increase by Trump led to nearly $6 trillion being lost in merely two trading sessions.
The markets experienced a substantial decline of $329 billion on Friday, marking the most significant single-day reduction since the Covid-19 crisis. Last Thursday witnessed the world’s 500 wealthiest individuals collectively losing $208 billion, registering as the fourth-most severe daily decline in the Bloomberg Billionaires Index’s 13-year span, and the most substantial since the 2020 Covid downturn.
Also Read | Is the world staring at a recession? ‘There will be blood’, warn experts on Donald Trump’s reciprocal tariffs impact
Elon Musk’s net worth decreased by $130 billion to $302 billion in the year-to-date period, whilst Jeff Bezos experienced a $45.2 billion reduction, leaving him with $193 billion. Meta’s Mark Zuckerberg saw his wealth diminish by $28.1 billion to $179 billion, and LVMH chairman Bernard Arnault’s fortune reduced by $18.6 billion to $158 billion.
Bill Gates also experienced a reduction in wealth, with a $3.38 billion decrease bringing his net worth to $155 billion, matching Buffett’s position.
While many investors face uncertainty, Berkshire Hathaway, under Buffett’s leadership, maintains a strategic long-term approach. The company has strategically reduced positions in American technology stocks, including Apple and Bank of America, whilst increasing investments in Japanese trading companies, according to an ET report.
Buffett strengthened Berkshire’s position in Japan’s primary trading houses earlier this year. These investments target Mitsui, Mitsubishi, Sumitomo, Itochu, and Marubeni, which are fundamental to Japan’s industrial and commercial sectors.
Also Read | Donald Trump administration revises reciprocal tariffs for 14 countries including India – check full list
According to official documents, Berkshire’s holdings stand at: Mitsui & Co. (9.82%), Mitsubishi Corp. (9.67%), Sumitomo Corp. (9.29%), Itochu Corp. (8.53%), and Marubeni Corp. (9.30%).
This strategic investment has contributed to Berkshire Hathaway’s market capitalisation exceeding $1.14 trillion, surpassing Tesla and substantially increasing Buffett’s personal wealth.
The implementation of Trump’s strict tariff policies has disrupted international supply chains and dampened investor confidence.
JP Morgan, the global brokerage firm, has revised its U.S. GDP growth forecast for 2025 downward to -0.3% from the previous 1.3%. Michael Feroli, the firm’s chief U.S. economist, anticipates a two-quarter recession starting in Q3, projecting a 1% decline in Q3 followed by a 0.5% reduction in Q4.
[ad_2]
Source link
About the author
When a Monument Cries for Help — A Citizen’s Appeal from village Masjid moth, South Extension–II
When a Monument Cries for Help — A Citizen’s Appeal from Village Masjid Moth, South Extension–II South Extension–II is known as one of Delhi’s most premium localities — a place associated with culture, history, prosperity, and civic pride. But today, standing next to the historic Masjid Moth monument in Village Masjid Moth, the reality on the ground is heartbreaking, disturbing, and deeply shameful. Just a few days ago, a local resident posted a reel on Instagram showing a film shoot taking place at Masjid Moth. Like him, many young people from this area dream of seeing this monument revived — used respectfully for art, cinema, culture, photography, and tourism. Yet the truth is that the Archaeological Department and civic authorities have completely abandoned it. ▶ View Instagram Reel A Monument Surrounded by Filth and Neglect Garbage carts overflowing with waste […]
Designing Thug Life: Amritha Ram on Styling Kamal Haasan
Costume design in Indian cinema often dances between fantasy and realism. But in Thug Life, Amritha Ram collaborates with cinematic icons Kamal Haasan and Mani Ratnam to craft a fashion-forward yet character-driven wardrobe that breaks norms. In an exclusive with ETimes, Amritha reveals how meticulous planning, storytelling, and visual language drove her designs. Tip 1: Collaboration Is the Key to Vision When asked what excited her most about working on Thug Life, Amritha simply said, “Two names: Kamal Haasan and Mani Ratnam.” The sheer reputation of these legends shaped her approach. Mani Ratnam was clear about the film’s visual tone—stripping away Bollywood glamor for something minimalistic yet powerful. “Mani sir guided me all the way. He knew exactly what he wanted,” she shared. Working with Kamal, who understands fabric, dyeing, and even costume history, was a learning curve. His feedback […]
If It Happened There: Donald Trump sends central troops to quell protests in opposition-ruled California | World News
[ad_1] Protesters confront police on the 101 Freeway near the Metropolitan Detention Center of downtown Los Angeles, Sunday, June 8, 2025, following last night's immigration raid protest. (AP Photo/Jae C. Hong) Note: The following piece is inspired by Joshua Keating’s If It Happened There which uses tropes and tones normally used by American media to describe events in other countries. The facts presented deal with as much exactitude and accuracy as an American media outlets’ reporting about a foreign country.Los Angeles, Mexican for the city of angels, is home to Hollywood – America’s answer to Bollywood – and a city where starstruck aspirants come with the dream of being immortalised on the silver screen. Yet, the city, which falls under America-administered California, an opposition state which overwhelmingly voted for Mr Donald Trump’s rival from the Democratic Party, Ms Kamala Harris, […]
Apple prepares for new ‘Games’ app as domain goes live ahead of WWDC 2025 keynote
[ad_1] Apple is expected to launch iOS 19 (or rumoured iOS 26) and one of new features that is reported to come is a new Apple Games app. Apple appears to be laying the groundwork for this new application, which is said to curate games from the App Store and Apple Arcade, as a domain purportedly leading to the platform has gone live.As per a report by 9to5mac, the company's new games.apple.com domain has just gone live. However, it is currently displaying a blank page, signaling imminent content.This shift from a "Safari Can’t Find The Server" error message to a blank white page strongly suggests Apple is preparing to push content to the URL very soon, potentially coinciding with the conclusion of the Worldwide Developers Conference (WWDC) keynote.What Apple’s new Games app is all aboutWhile the exact function of the […]
MS Dhoni inducted into ICC Hall of Fame | Cricket News
[ad_1] MS Dhoni, former India cricket captain, has been inducted into the ICC Cricket Hall of Fame, recognizing his extraordinary career spanning 16 years with 17,266 international runs, 829 dismissals and 538 matches across formats for India. The wicketkeeper-batsman revolutionized the sport through his unique playing style, tactical leadership and achievements including winning all three ICC men's white-ball titles as captain. "It is an honour to be named in the ICC Hall of Fame, which recognises the contributions of cricketers across generations and from all over the world. To have your name remembered alongside such all-time greats is a wonderful feeling. It is something that I will cherish forever," Dhoni said about his induction. Dhoni's journey began in 2004 when he made his ODI debut. Though he was dismissed for a duck in his first match, he soon announced his […]
160-million-year-old blue-stain fungi in China found to be harmful to trees |
[ad_1] In a groundbreaking discovery, researchers have uncovered 160-million-year-old blue-stain fungi fossils from the Jurassic Tiaojishan Formation in China. The new findings offer fresh insights into the ecological relationships between blue-stain fungi, plants, and insects during the Jurassic period. These fungi are generally nonfatal to their hosts but often accelerate tree mortality when associated with wood-boring insects.According to ScienceDaily, a Chinese team of scientists highlights the discovery of well-preserved blue-stain fungal hyphae within Jurassic fossil wood from northeastern China, pushing back the earliest known fossil record of this fungal group by approximately 80 million years.Know about the blue-stain fungi, deadly to treesBlue-stain fungi are known for their ability to colonize wood, particularly in conifer trees, causing characteristic discoloration in the sapwood. While these fungi do not decompose wood, they often cause considerable damage when associated with wood-boring insects. Their role […]
Related
DJ in the Sky: How a Viral Paragliding Performance Put Bir on the Map
A young DJ recently strapped on not just a harness but also a sound system, delivering a live set while paragliding at 10,000 feet over Bir, Himachal Pradesh. The video spread like wildfire across Instagram, YouTube, and X, garnering millions of views. It was more than a stunt — it was a perfect blend of adventure, creativity, and digital shareability. Why it clicked Novelty factor: Music + extreme sports = instant attention. Visual spectacle: The Himalayas in the background amplified the drama. Social-first content: The clip was optimized for vertical viewing, helping it trend on Reels and Shorts. Cultural meaning The performance wasn’t just a viral gimmick. It symbolized the fusion of youth culture — music festivals, influencer-driven experiences, and India’s booming adventure travel scene. Bir, already known as the paragliding capital of India, is now a global talking point. […]
Designing Thug Life: Amritha Ram on Styling Kamal Haasan
Costume design in Indian cinema often dances between fantasy and realism. But in Thug Life, Amritha Ram collaborates with cinematic icons Kamal Haasan and Mani Ratnam to craft a fashion-forward yet character-driven wardrobe that breaks norms. In an exclusive with ETimes, Amritha reveals how meticulous planning, storytelling, and visual language drove her designs. Tip 1: Collaboration Is the Key to Vision When asked what excited her most about working on Thug Life, Amritha simply said, “Two names: Kamal Haasan and Mani Ratnam.” The sheer reputation of these legends shaped her approach. Mani Ratnam was clear about the film’s visual tone—stripping away Bollywood glamor for something minimalistic yet powerful. “Mani sir guided me all the way. He knew exactly what he wanted,” she shared. Working with Kamal, who understands fabric, dyeing, and even costume history, was a learning curve. His feedback […]
If It Happened There: Donald Trump sends central troops to quell protests in opposition-ruled California | World News
[ad_1] Protesters confront police on the 101 Freeway near the Metropolitan Detention Center of downtown Los Angeles, Sunday, June 8, 2025, following last night's immigration raid protest. (AP Photo/Jae C. Hong) Note: The following piece is inspired by Joshua Keating’s If It Happened There which uses tropes and tones normally used by American media to describe events in other countries. The facts presented deal with as much exactitude and accuracy as an American media outlets’ reporting about a foreign country.Los Angeles, Mexican for the city of angels, is home to Hollywood – America’s answer to Bollywood – and a city where starstruck aspirants come with the dream of being immortalised on the silver screen. Yet, the city, which falls under America-administered California, an opposition state which overwhelmingly voted for Mr Donald Trump’s rival from the Democratic Party, Ms Kamala Harris, […]
Apple prepares for new ‘Games’ app as domain goes live ahead of WWDC 2025 keynote
[ad_1] Apple is expected to launch iOS 19 (or rumoured iOS 26) and one of new features that is reported to come is a new Apple Games app. Apple appears to be laying the groundwork for this new application, which is said to curate games from the App Store and Apple Arcade, as a domain purportedly leading to the platform has gone live.As per a report by 9to5mac, the company's new games.apple.com domain has just gone live. However, it is currently displaying a blank page, signaling imminent content.This shift from a "Safari Can’t Find The Server" error message to a blank white page strongly suggests Apple is preparing to push content to the URL very soon, potentially coinciding with the conclusion of the Worldwide Developers Conference (WWDC) keynote.What Apple’s new Games app is all aboutWhile the exact function of the […]
MS Dhoni inducted into ICC Hall of Fame | Cricket News
[ad_1] MS Dhoni, former India cricket captain, has been inducted into the ICC Cricket Hall of Fame, recognizing his extraordinary career spanning 16 years with 17,266 international runs, 829 dismissals and 538 matches across formats for India. The wicketkeeper-batsman revolutionized the sport through his unique playing style, tactical leadership and achievements including winning all three ICC men's white-ball titles as captain. "It is an honour to be named in the ICC Hall of Fame, which recognises the contributions of cricketers across generations and from all over the world. To have your name remembered alongside such all-time greats is a wonderful feeling. It is something that I will cherish forever," Dhoni said about his induction. Dhoni's journey began in 2004 when he made his ODI debut. Though he was dismissed for a duck in his first match, he soon announced his […]
160-million-year-old blue-stain fungi in China found to be harmful to trees |
[ad_1] In a groundbreaking discovery, researchers have uncovered 160-million-year-old blue-stain fungi fossils from the Jurassic Tiaojishan Formation in China. The new findings offer fresh insights into the ecological relationships between blue-stain fungi, plants, and insects during the Jurassic period. These fungi are generally nonfatal to their hosts but often accelerate tree mortality when associated with wood-boring insects.According to ScienceDaily, a Chinese team of scientists highlights the discovery of well-preserved blue-stain fungal hyphae within Jurassic fossil wood from northeastern China, pushing back the earliest known fossil record of this fungal group by approximately 80 million years.Know about the blue-stain fungi, deadly to treesBlue-stain fungi are known for their ability to colonize wood, particularly in conifer trees, causing characteristic discoloration in the sapwood. While these fungi do not decompose wood, they often cause considerable damage when associated with wood-boring insects. Their role […]
Be the first to leave a comment