How Wells Fargo Affected Investors Like Warren Buffett


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%.

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