According to the Bloomberg Billionaire Index, Warren Buffett’s net worth increased by $19 billion this year. That moves him to $161 billion, ahead of his friend Bill Gates, who co-founded Microsoft ...

Buffett bought companies that did not fit his usual pattern. In 1983, he purchased Nebraska Furniture Mart for $60 million, and in 2014, he bought the Miami-based TV station WPLG. Buffett favors ...