How Wells Fargo Affected Investors Like Warren Buffett

buffett-wells-fargo

Warren Buffett, one of the most famous investors, loses billions because of Wells Fargo. His company, Berkshire Hathaway, is Wells Fargo biggest shareholder, (holding about 10% of Wells Fargo’s shares) which means he lost A LOT of money when the stock tumbled 3.3% on Tuesday. Over time, his personal fortune has dropped about $1.4 billion over the course of that one day, according to Bloomberg, as shares of his company also fell about 2%.

Read more at: sonnycpa.com

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