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Buffett joins Twitter

Billionaire Warren Buffett accumulated 1 000 followers a minute after joining social network Twitter.

By Reuters
US, 03 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 yesterday, 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 Web cast yesterday. 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. 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 CEO now stands in good mogul company. Other relatively recent converts to the service include News Corp CEO Rupert Murdoch (@RupertMurdoch) and former US president Bill Clinton (@BillClinton).

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