Warren Buffett is worth 3,241,695 bitcoin today.* A year ago, he was worth 5,771,613 bitcoin. Over the past 12 months, Buffett's net worth has decreased by -43.8%, if it is denominated in bitcoin. How has Buffett's wealth changed over time? We're plotting it daily:
We can see, that Buffett's net worth has substantially decreased over time if it is denominated in bitcoin. It is no wonder then, that he and his side kick Charlie Munger do not like the orange money. Let's see how Buffett's wealth has decayed on a log chart:
He's approaching zero here too. There's a lesson here! Any fiat investment is trending to zero if it is repriced in bitcoin. Stocks, bonds and real estate. Any fiat wealth is treding to zero in bitcoin terms over time while bitcoin is winning the market test against fiat currency. That should give us pause, if we don't own any bitcoin.
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*Our methodology for Buffett's wealth calculation:
We use Warrens shares in his company Berkshire Hathaway as a proxy for his total wealth.
We multiply his shares with the daily share price and divide that number by the fully diluted market cap of bitcoin (price multiplied by 21 million).
We then multiply that number by 21 million, to see how much bitcoin Warren could buy using all of his Berkshire shares.
The calculation is performed on every trading day.