Buffett Has Made Nearly $10 Billion Since the Stock Split

Earlier this year, the B shares of Berkshire Hathaway were added to the S&P 500. The B shares also split 50-f0r-1 on January 21. Measuring from two days before the stock split to the price right now, the B shares have gained 27%. After the split, Buffett owns 75 million B shares, so that’s a gain of roughly $1.4 billion.
The big money, however, is in the A shares. Buffett owns about 350,000 of them (going by the last numbers I could find). Those are up 23% since January 19 netting Buffet a gain of $8.2 billion.
Added it all together, Buffett has seen his net worth jump from about $40 billion in mid-January to about $50 billion today. Thank you stock split and S&P!
(If you haven’t seen it, here’s the latest Chairman’s Letter).

Posted by Eddy Elfenbein on March 3rd, 2010 at 2:46 pm

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