These billionaires made the most money in 2013

These billionaires made the most money in 2013

NEW YORK - American business magnate Warren Buffett's earnings of US$37 million (S$47 million) a day has made him the billionaire who made the most money in 2013, according to research company Wealth-X.

The legendary investor raked in a gain of US$12.7 billion during the year and his net worth currently stands at US$59.1 billion. Even though he made the most gains in 2013, Microsoft co-founder and chairman Bill Gates still holds the title of the wealthiest billionaire in the world.

In 2013, Gates' personal fortune increased by US$11.5 billion, with his assets totalling up to US$72.6 billion, said Wealth-X.

Followed (Following) closely behind in the third spot is American casino tycoon Sheldon Adelson who made a profit of US$11.4 billion from his gambling properties in Las Vegas, Macau and Singapore. Wealth-X reported that his personal net worth is estimated to be more than US$35 billion.

The Asians who made it in the list include Japanese Masayoshi Son from SoftBank and Hong Kong casino magnate Lui Chee Woo, with financial gains of US$10.3 billion and US$8.3 billion respectively. Son was named sixth in the list, and Lui came in at ninth.

On average, Wealth-X said the billionaires in the list made approximately US$29 million per day in 2013 and increased their wealth by 41.6 per cent.

The 10 individuals collectively gained US$101.8 billion in 2013, bringing their combined wealth to US$347 billion, an increase from US$245 billion in January 2013, reported Wealth-X.

wjeanne@sph.com.sg

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