Newsdeck

Warren Buffett Joins Twitter, Gains 1,000 Followers A Minute

By Reuters 2 May 2013

Warren Buffett accumulates Twitter followers even faster than he makes money. The 82-year-old "Oracle of Omaha" joined the service and sent his first tweet on Thursday, picking up more than 45,000 followers in just under 45 minutes.

“Warren is in the house,” Buffett said under the handle “@WarrenBuffett.”

The handle was not officially verified by Twitter, but was confirmed by Fortune magazine, which hosted Buffett for a live webcast Thursday. It was billed as the first social media event for the notoriously technology-averse billionaire.

If followers were dollars, Buffett is having even more success on Twitter than he had with one of his best investments ever, his 2008 stake in Goldman Sachs Group Inc.

That deal gave him preferred stock that paid dividends at $900 a minute. On Twitter, he has gathered 1,000 followers a minute.

By joining Twitter, the Berkshire Hathaway Inc chief executive officer now stands in good mogul company. Other relatively recent converts to the service include News Corp CEO Rupert Murdoch (@RupertMurdoch) and former U.S. President Bill Clinton (@BillClinton). DM

Photo by Reuters.

Gallery

In other news...

July 18 marks Nelson Mandela day. All over the country, South African citizens devote 67 minutes to charitable causes in memory of Madiba. It's a great initiative and one of those few occasions in South Africa where we come together as a nation in pursuit of a common cause. An annual 67 minutes isn't going to cut it though.

In the words of Madiba: "A critical, independent and investigative free press is the lifeblood of any democracy."

Every day Daily Maverick investigates and exposes the deep rot of state capture and corruption but we need your help. Without our readers' support we simply won't survive. We created Maverick Insider as a membership platform where our readers can become part of our community while ensuring that we can keep doing the investigations that we do and, crucially, that our articles remain free to everyone that reads them. Sign up to Maverick Insider this Mandela Month and make that meaningful contribution last longer than 67 minutes.For whatever amount you choose, you can support Daily Maverick and it only takes a minute.

Support Daily MaverickPayment options


Comments - share your knowledge and experience

Please note you must be a Maverick Insider to comment. Sign up here or if you are already an Insider.

NEWS ANALYSIS

Protector tries to turn Ramaphosa into a Zuma

By Ferial Haffajee

Reindeer can see UV light.