He may have suffered paper losses of about $150 million from stakes in two global reinsurance giants, Swiss Re and Munich Re, because of the Japanese earthquake and tsunami. Financial News calculated that he is one of the "biggest investors to be affected by the earthquake," because share prices of both insurers slumped in morning trading. His company is the majority shareholder in Munich Re, and owns the fifth largest stake in Swiss Re. Who ?
A-Warren Buffet
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