We can all be thankful that it's still possible to make a fortune by starting from scratch with little more than determination and a good idea.
The Forbes list of the richest Americans shows that starting a successful company remains the best path to enormous success.
Investors like us can often piggyback these titans of industry to achieve great wealth of our own.
Warren Buffett, No. 3 on the list above, did just that through Berkshire Hathaway (BRK.A) , (BRK.B) . As of midyear 2017, it held over $162 billion in shares of other publicly traded companies. Ordinary people like us were ahead by 12.65% through Nov. 21, simply by owning Berkshire shares.
Berkshire's largest holdings have been a mixed bag in 2017. Here are Buffett's biggest winners and losers of the year.
More of What's Trending on TheStreet:
- Warren Buffett's Biggest Winner in 2017 Is This Surprising Under-the-Radar Stock
- McDonald's Stock to Get Fatter After Arby's Shocking Buffalo Wild Wings Deal
- Here's the All-New 2019 Lincoln Nautilus
- Bitcoin Value Soars Past Disney, McDonalds and IBM Amid Cryptocurrency Craze