No. 2: Warren Buffett
Net Worth: $37 billion
(Was No. 1 last year, lost $25 billion over the past year.)
Source: Investments/U.S.
Age 78. Widowed, remarried; three children.
Last year America's most beloved investor was the world's richest man. This year he has to settle for second place after losing $25 billion in 12 months. Shares of Berkshire Hathaway are down 45% since last March.
If Uncle Warren is not able to swim this sea, who will?
We will. We, the capitalist Americans who know that work and performance and quality and product matter. If the banks fail, there will be a new way. This is not the first time. This time, though, the value will be tangible. Be tangible. It's March. Let the wind blow.
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