Warren Buffett Reported World's Eighth-Richest, Worth $162.1 Billion

Warren Buffett has a net worth of $162.1 billion, according to Forbes' real-time billionaires data. VnExpress International reported that he has become the world's eighth-richest man after Larry Ellison dropped out of the top 10.

What was reported

VnExpress International's report described a shift near the top of the global wealth rankings, with Buffett moving up to eighth place as Ellison fell out of the top 10.

Forbes' real-time billionaires data currently places Buffett ninth in the world. His fortune is down about $17 million on the day, a small move relative to his overall net worth.

What his fortune is built on

Buffett's wealth comes from Berkshire Hathaway, the company he built into one of the best-known names in American business. His fortune is tied largely to his stake in the company, so movements in Berkshire's shares drive most of the day-to-day changes in his net worth.

• Net worth: $162.1 billion
• Forbes real-time rank: No. 9
• Change today: down about $17 million
• Source of wealth: Berkshire Hathaway
• Industry: Finance & Investments
• Country: United States

Shifts in the rankings around Buffett can come as much from changes in other billionaires' fortunes as from his own. More profiles are available on the billionaires page.