Warren Buffett, the stock god, is undaunted by the tariff storm, and his net assets still rise this year.

Among the world's billionaires, stock god Warren Buffett ( is one of the few individuals whose wealth has risen this year, as President Trump's tariff measures triggered a global stock market dumping, causing trillions of dollars in market value to evaporate.

Buffett remains undaunted by the tariff storm, with net assets rising by 10 billion dollars.

According to the Bloomberg Billionaires Index, Buffett's net worth has risen by $11.5 billion this year, reaching $153.5 billion.

At 94 years old, Buffett is now the fourth richest person in the world and one of only two individuals in the top 20 on the list whose wealth has increased this year. The other is Francoise Bettencourt Meyers, the heir to the L’Oreal Group, whose wealth rose by $1.8 billion, placing her 19th on Bloomberg's billionaire list.

The stock price of Berkshire Hathaway, owned by Buffett, has fallen 8.8% since April 2, while the S&P 500 index has dropped by 10.7%. The relatively strong performance of the conglomerate reflects its heavy holdings in government bonds and the insurance industry’s relative immunity to global trade impacts.

Berkshire is cash-rich, and U.S. Treasury bonds outperform the stock market?

By the end of 2024, Berkshire's cash reserves will reach $334 billion, which includes $286.5 billion in short-term U.S. Treasury bills, more than double that of the end of 2023.

Although the Federal Reserve started the rate cut cycle last year, the yield on the U.S. three-month Treasury bill is still at 4.3%, which is quite good for an almost risk-free investment. In contrast to the decline in U.S. stocks this year, this is particularly noteworthy. The S&P 500 index has fallen 14% year-to-date, while Berkshire has still risen over 7%.

Berkshire Hathaway achieved an outstanding annualized return of 19.9% from 1965 to 2024, while the S&P 500 index had an annualized return of 10.4% during the same period. This long-term outperformance not only highlights Berkshire's stock-picking ability but also has an important reason: its capital allocation capability.

The current stock market crash further highlights the composure of the stock god.

Elon Musk lost $130 billion this year.

In the two trading days following Trump's announcement of the tariff decision, the world's 500 billionaires lost more than $500 billion. Tesla CEO Elon Musk remains the world's richest person, but his wealth has decreased by $134.7 billion so far this year. On Monday, his wealth fell to $297.8 billion, marking the first time since November of last year that his net worth has dropped below $300 billion.

In this article, stock god Warren Buffett is unafraid of the tariff storm, with net assets still rising this year, first appearing in Chain News ABMedia.