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Why Warren Buffett is falling on the world's richest list

2 monthes ago   |   By Fortune

Warren Buffett's $2.9 billion gift this week means he has now given away Berkshire Hathaway Inc. shares valued at more than $37 billion since 2006.
His philanthropy - along with Berkshire's underwhelming stock performance recently - is finally starting to weigh on his net worth after years where his fortune defied his annual giveaways to rise ever higher. Buffett's $68.6 billion is enough for eighth-place on the Bloomberg Billionaires Index, his lowest position since the index started in 2012. He ranked in the top 5 as recently as June.
But in recent weeks the 89-year-old has been...
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