São Paulo - The investor Warren Buffett lost $ 1.4 billion with a decrease of 3.3% in shares of Wells Fargo on Tuesday.
The fall in the US bank papers is due to the scandal involving the bank. About 5,300 employees of Wells Fargo were dismissed by up fictitious bank accounts on behalf of clients, without them knowing.
Deviations, started in 2011 and extended for five years, meant that some customer advisors reached commercial goals and won cash prizes.
The scandal also affected the shares of Berkshire Hathaway Inc, Buffett's company and largest shareholder of the bank. Yesterday, the company's shares recorded losses of 2% yesterday afternoon.
According to the Billionaires Index Bloomberg, Buffett's fortune is estimated at 65.8 billion dollars. He is the fourth richest in the world, behind Bill Gates, Amancio Ortega and Jeff Bezos.
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