Warren Buffett's fortune gains as Elon Musk fumbles
Buffett's fortune fell by only
Buffett's net worth had risen to
The stock market faced a brutal year as tech stocks sunk, but Buffett's investments performed better and enabled him to close the gap with Musk, who lost the title of the world's richest man.
Musk now ranks as the second richest man after his fortune plummeted by
The massive loss in his net worth occurred as fears of inflation, a weaker economy and the mercurial CEO's distraction from his acquisition of
The fortune of Microsoft founder
The conglomerate run by Buffett,
The behemoth bought shares of oil giant
Berkshire increased its holding in
Musk's Many Challenges
Since Musk acquired
Musk even launched a fight with
In his latest feud, Musk alleged that
Musk also tweeted that
"They say that they are going to continue to moderate," he said. "I'm counting on them to continue to do that."
Since taking over Twitter, Musk reactivated the account of former President
Shares of
Wedbush analyst
"
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