Buffett Joins the Exclusive $100 Billion Club 

The investing legend, who is the Chairman and Chief Executive Officer of Berkshire Hathaway Inc, Warren Buffet has officially joined the exclusive $100 billion club.

The 90 year old’s wealth which is largely tied to Berkshire Hathaway Stock reached $100 billion as of Wednesday as the stock closed on an all time high that day.

Buffet joins other five tycoons in the world who are Jeff Bezos, Elon Musk, Bill Gates, Bernard Arnault and Mark Zuckerberg.

The wealth of the ultra-elite is more closely linked to the stock market, which has soared to new heights during the pandemic.

Buffett’s entry into the $100 billion club also comes as the pandemic has put income inequality at the fore of heated debates on Capitol Hill, and a handful of Democratic lawmakers are renewing their push for a tax on the “ultra rich.”