The One Reason Warren Buffett Isn’t The World’s Richest Person

Warren Buffett shocked the world in 2006, when he pledged to give away nearly all of his vast fortune. Since then, Buffett has donated more than $55 billion worth of his Berkshire Hathaway to charity, including a $5.3 billion gift in late June that knocked him down two spots on Forbes’ list of the world’s richest people, from 8th to 10th, his lowest ranking in more than two decades. Forbes estimates his net worth to be $128.9 billion.