'Black Monday' finally became a reality after Trump Tariffs kicked in on April 7, 2025. Lakhs of crores of wealth were wiped out from India as well as other stock markets. Even in the US, the stock market witnessed a drastic collapse induced by the Trump Tariffs. However, there was only 1 billionaire present in the Forbes top 10 richest who actually witnessed a gain in his wealth. Yes! you heard it right. There is 1 billionaire on the Forbes list who actually witnessed a gain in wealth on Black Monday when other billionaires like Elon Musk, Jeff Bezos, Mark Zuckerberg, etc witnessed a drastic fall. The billionaire is another other than Warren Buffett.
As per New York Post, Warren Buffett successfully evaded the fall in the stock market as last year he sold stocks and hoard some $300 billion in cash. As per the report, the world’s 500 wealthiest individuals have collectively lost more than half a trillion dollars, marking the steepest loss ever recorded on the Bloomberg Billionaires Index. Among the 10 richest people in the world, Buffett is the only one who has seen his net worth rise since January 1 this year. The Berkshire Hathaway boss’ wealth increased by $11.5 billion during that period.
On Forbes 2025 billionaire's list, 94-year-old Warren Buffett has a net worth of $ 154 Billion and is at number 6th spot in terms of the world's richest people. Known as the "Oracle of Omaha," Warren Buffett is one of the most successful investors of all time. Buffett is the Chairman and CEO of Berkshire Hathaway. Berkshire Hathaway originated as a textile manufacturer formed in 1955 from the merger of Hathaway Manufacturing Company and Berkshire Fine Spinning Associates.