The “Oracle of Omaha,” has a hardworking past and is equally known for his competitive spirit as he is one of the most business savvy self-made entrepreneurs on this list.
His business model is simple: buy undervalued companies, turn them around, and increase their value.
His company, Berkshire Hathaway, Inc. holds at least 63 companies in its portfolio, including household brands like Duracell, Fruit of the Loom, Kraft Heinz and See’s Candies.
While it may just be a smaller part of Warren Buffet’s highly diversified wealth, he is the largest shareholder of HP Inc. (one of the largest manufacturers of personal computers and digital printers), holding 11%. Approximately US $ 4.2 Billion of Warren Buffet’s portfolio comes from HP.
It’s interesting to note that Buffet may easily jump to first place but falls to 5th on the list due to his sizable donation of US $ 41 Billion to various philanthropy organizations including to his friend’s foundation, the Bill and Melinda Gates Foundation and his children’s charities.